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American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
How Trump’s tariffs could impact consumers
Expert discusses the potential economic impact of President-elect Donald Trump’s proposed tariffs on Mexico and Canada.
CEOs are warning Trump tariffs will hit consumers — ‘Higher prices are not helpful’
Rather, Fortune 500 CEOs are bracing for a period of high costs which, of course, will be hoisted onto the shoulders of already-beleaguered consumers. This week, President-elect Donald Trump posted on Truth Social that he’s set to impose tariffs on products from China,
Mexico's president says Trump tariffs will worsen inflation
President of Mexico Claudia Sheinbaum says Trump's threat of 25% tariffs would cause inflation for both countries.
16h
Inflation Proved Stubborn in October, Fed’s Preferred Metric Shows
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
13h
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
17h
Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain ...
14h
on MSN
US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
6h
on MSN
CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
In fact, traders boosted their bets that the U.S. Federal Reserve will lower rates by 25 basis points at its December meeting ...
The Indianapolis Star
3d
Does government spending cause inflation, and did Biden-Harris make it worse?
Prices rose 2.6% between October 2023 and the same month in 2024, an unremarkable figure. Yet,
inflation
seems to be on ...
12h
PCE Inflation Report: October Price Growth Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday ...
4h
on MSN
Gold falls on dollar strength, inflation data sparks caution on Fed rate cuts
Gold prices slipped on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data showing ...
17h
on MSN
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
16h
Thanksgiving parade 2024 balloon inflation: How to watch, streaming channel
The Macy’s Thanksgiving Day Parade Balloon Inflation is taking place Wednesday afternoon on the Upper West Side, giving New ...
16h
Housing Costs Are Pushing Up Inflation
Another large jump in housing-related expenses in October is keeping the Federal Reserve’s preferred inflation index stuck ...
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