Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners, risking even higher consumer prices and pushing back the prospects of the Federal Reserve lowering interest rates soon.
On a monthly basis, the inflation measure rose 0.4%, exceeding forecasts for 0.3%.Trump regained the White House vowing to ...
However, inflation is not a flat rate across America — whereas it might be a wallet-cratering menace in one state, it can be a light inconvenience in another. The cost-of-living increases in ...
Former Treasury Secretary Larry Summers on Wednesday offered a warning about inflationary threats under the Trump ...
Russia's economy grew by 4.1% in 2024, Russian Prime Minister Mikhail Mishustin told President Vladimir Putin on Friday, ...
NEW YORK >> The dollar slipped today after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that reciprocal tariffs on other ...
As inflation continues to strain household budgets, NYS Senator Patricia Fahy has reintroduced legislation aimed at expanding ...
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