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.
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
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Inflation ticks up to 3 percent annual increase in JanuaryThe consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing ...
The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal ...
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts ...
have already started cutting rates, but many more are forecast to follow this year, including the US Federal Reserve, the European Central Bank and the Bank of England. The FT global inflation ...
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.
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