Bank of America on just one of the inflation impacts US consumers can expect:“If tariffs of 10–25% are imposed, PC makers like Dell, HP, and Apple will likely pass the added costs onto buyers, raising prices by at least 10% in the US or raise prices across more geos by a lower magnitude,” The price increases could be demand destructive as buyers hesitate on upgradestariffs could also create broader supply chain instabilitya further escalation of tariffs would likely see China introducing reciprocal tariffs that could further exacerbate supply chain issuesI posted yesterday on a Fed official shrugging off a danger sign on inflation ... a 30 year high:Weekend Fedspeak - Goolsbee shrugged off 3 decade high in inflation expectations dataThis head in the sand approach risks another delayed response from the Fed, just like the 'transitory' debacle that subsequently led to rapid and sustained rate hikes. I hope I'm wrong. This article was written by Eamonn Sheridan at www.forexlive.com.