Tariff

A tariff is a tax on imports. In the US the president can set many of them alone, effective the moment they are announced, which is why one post can reprice the market without a vote. Tariffs reach inflation and sit with the shocks that come with no calendar.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • Dual mandateThe dual mandate is the Fed's job as Congress wrote it: stable prices and maximum employment. The 2% inflation target…
  • PCEPCE, the personal consumption expenditures price index, is the inflation measure the Fed targets at 2%, published by…
  • Term premiumThe term premium is the extra yield investors demand to lend for ten years instead of rolling short bills, for the…
  • Core CPICore CPI is CPI with food and energy removed, the volatile parts that interest rates cannot fix. The market often…
  • Gross marginGross margin is revenue minus the direct cost of making the product, as a percent of revenue. It shows pricing power…
  • US ETFA US ETF is an exchange-traded fund on a US exchange that holds a basket, usually an index, and trades all day like…

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