Zandi says tariffs fueling US price surge; claims policy shift could quickly cool inflation

Economist Mark Zandi states inflation stems from deliberate policy choices. Tariffs and restrictive immigration laws are identified as key contributors to price pressures. These policies diminish the workforce, intensifying labor shortages and raising costs. Underlying economic forces are pushing inflation down, but policy hurdles overpower them. Zandi concludes that ending these policies will allow inflation to recede.

By TOI TECH DESK