We learned Tuesday that consumer prices are relatively stable across many goods and services, despite higher tariffs. On Thursday, we learned producer prices are spiking.

Corporate America’s effort to boost margins and sustain US stock gains faces a key hurdle: a widening gap between consumer and producer prices, compounded by tariff uncertainties.

The producer and consumer inflation numbers are both issued by the Labor Department's Bureau of Labor Statistics, which is already in Trump crosshairs.