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.
Inflation is heating up again, putting pressure on Trump to cool it on tariffs
If Trump’s tariffs on Canadian imports, like lumber, take effect, Americans can expect continued price increases in the homebuilding sector. Supply and demand imbalances remain a key driver for higher prices, so fewer houses being built due to higher materials cost will likely lead to higher rents.
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
but the pace of inflation has slowed. Prices are higher in January with a big part of the reason being an increased spending on travel, cars, and energy to heat up homes. The good news?
[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some ...
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