The Minutes of John Williams on incidence https://minutesof.com/john-williams/on/incidence/ Everything John Williams has said on incidence: 2 verbatim quotes, each with a timestamp and a link to the recording it came from. en Mon, 31 Aug 2026 13:11:33 +0000 Williams concludes tariffs have been overwhelmingly borne by domestic businesses and consumers, not foreign pr https://minutesof.com/q/6eba7ac0-b2b0-46ae-ab84-66945748b9e5/ https://minutesof.com/q/6eba7ac0-b2b0-46ae-ab84-66945748b9e5/ “Based on granular analysis of the data in hand, we can draw a few conclusions. First, the tariffs have been overwhelmingly borne by domestic businesses and consumers, rather than by foreign producers.” — NY Fed speeches incidence Williams concludes tariffs have been overwhelmingly borne by domestic businesses and consumers, not foreign pr https://minutesof.com/q/6d590d1b-137a-4431-a1ba-af64cfdaa6d3/ https://minutesof.com/q/6d590d1b-137a-4431-a1ba-af64cfdaa6d3/ “First, the tariffs have been overwhelmingly borne by domestic businesses and consumers, rather than by foreign producers.” — NY Fed speeches incidence