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. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
including the US Federal Reserve, the European Central Bank and the Bank of England. The FT global inflation and interest rates tracker provides a regularly updated visual narrative of consumer ...
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Tariffs are a central part of Trump's economic plans. He promised to introduce import duties against some of America's main ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.
Some measures show inflation holding steady. Others show it trending back up since last July. Either way, it's above the Fed's 2 percent target, and now the 10-year rate is pointing up.
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