{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/0b1417a2bf8c4c6084ef6ef23c28b55a\" frameborder=\"0\" width=\"1620\" height=\"1215\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1215,"width":1620,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1215,"thumbnail_width":1620,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/0b1417a2bf8c4c6084ef6ef23c28b55a-f959a10bffb1d118.gif","duration":227.007,"title":"Understanding the Impact of Tariffs on Consumers and Businesses","description":"In this week's Fireside Charts, I discussed the impact of tariffs on the economy, referencing a report from Goldman Sachs that highlights how these tariffs have primarily been absorbed by U.S. businesses rather than passed on to consumers. Currently, the Consumer Price Index (CPI) is around 3%, while the Producer Price Index (PPI) has spiked to almost 4%, indicating that producers are facing higher costs. As uncertainty continues, businesses are hesitant to raise prices, but eventually, these costs will trickle down to consumers. I encourage you to keep an eye on these trends as they could significantly affect our economic landscape moving forward."}