Key U.S inflation gauge shows price growth cooled
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17hon MSN
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take effect, though the timing and impact of those duties are now in doubt
A cooler inflation reading from the month when President Trump's tariffs went full blast likely won't shake the Federal Reserve's stance of holding interest rates steady. The reason: Policymakers still expect price increases later in 2025.
President Donald Trump’s sweeping tariffs — both those he has threatened and those he has already enacted — have led many economists and American consumers to predict that the US economy could enter a recession while also pushing up inflation.
15hon MSN
Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.
Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their prices in response to it. The personal consumption expenditures (PCE) price
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, Stifel's top economist said.
Gold prices slipped on Friday as the dollar edged higher and markets digested the latest tariff developments, while a softer inflation report kept hopes for a U.S. rate cut alive.
This post offers a framework for thinking about the effect of tariffs on major asset class returns by estimating asset classes’ response to supply shocks. Click to read.
The White House’s chief economist dismissed the idea that tariff increases will have a lasting impact on US inflation, and cited the potential for interest rates to get back down to pre-Covid levels.
Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday called for keeping interest rates steady until there is more clarity on how higher tariffs affect inflation, warning against "looking through" the impact of such supply price shocks.