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.
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
Economists were expecting Wednesday’s report to be fairly unexciting, with barely any change from December’s data. ...
U.S. government debt aggressively rallied on Thursday after details of January’s producer-price index offered some hope for easing price pressures in the Federal Reserve’s preferred inflation measure, ...
U.S. Treasury yields pulled back on Thursday as investors digested January’s hotter-than-expected consumer price index report.
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
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