https://www.taxtmi.com/news?id=37105 Rising and broadened import duties are the central policy mechanism driving economic uncertainty: sweeping tariffs and reciprocal measures raise consumer prices and business input costs, create sustained uncertainty that delays hiring and investment, and could act as a macroeconomic shock that slows aggregate demand. High-frequency indicators such as the Atlanta Fed's real-time tracker, jobless claims, payrolls, and manufacturing output are being monitored for signs of contraction, while the NBER Business Cycle Dating Committee declares recessions only after sustained, economy-wide declines across multiple indicators. en-us Wed, 12 Mar 2025 16:31:03 +0530 Wed, 12 Mar 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37105 Rising and broadened import duties are the central policy mechanism driving economic uncertainty: sweeping tariffs and reciprocal measures raise consumer prices and business input costs, create sustained uncertainty that delays hiring and investment, and could act as a macroeconomic shock that slows aggregate demand. High-frequency indicators such as the Atlanta Fed's real-time tracker, jobless claims, payrolls, and manufacturing output are being monitored for signs of contraction, while the NBER Business Cycle Dating Committee declares recessions only after sustained, economy-wide declines across multiple indicators. News - Wed, 12 Mar 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=37105