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.
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.
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Russian central bank sharply raises inflation forecastRussia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign rocketing price ...
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
The central bank raised its inflation estimate in 2025 at 5.2%, up from 4.5% and well above its target of 3%. Markets in Brazil seem to have been losing confidence in the Lula “magic’ and are ...
President Trump was asked about the impact of his tariffs on prices for American consumers. The president admitted prices ...
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