inflation, tariffs and March
Digest more
Top News
Overview
CNN |
Inflation slowed sharply in March, new data showed Thursday, and in any other timeline, such news would stoke optimism that Americans’ cost of living is no longer surging.
Reuters |
The U.S. House of Representatives on Wednesday passed a budget plan that lays the groundwork for extending President Donald Trump's 2017 tax cuts, despite opposition from all Democrats and two Republ...
Read more on News Digest
7hon MSN
Remember when inflation readings were the headline news of the day, and were as feverishly anticipated by investors as Nvidia earnings reports? CNBC Daily Open remembers. If Thursday's consumer price index report,
The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a slightly slower pace last month, though it remains above the Fed's goal.
17hon MSN
WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
The inflation rate tends to influence multiple aspects of the economy. For example, a rise in inflation can lead to market volatility. On the other hand, easing inflation or increases that are lower than expected can lead to lower rates for financial products such as HELOCs.
German inflation eased to 2.3% in March, the federal statistics office said on Friday, confirming preliminary data.
Inflation slowed to 2.4% in the 12 months through March, as measured by the consumer-price index. That undershot the 2.6% forecast by economists polled by The Wall Street Journal. On a core basis, excluding volatile food and energy,
Faced with the possibility of a protracted trade war, retailers across the U.S. are looking at their long-term business plans and ways to offset higher tariffs with operational cuts and price hikes. Corporate giants like Nike (NYSE:NKE),
Higher-than-expected tariffs would "very likely" raise both unemployment and inflation, Dallas Federal Reserve President Lorie Logan said on Thursday in remarks that made clear her most immediate concern is keeping inflation,