inflation, April and tariffs
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Trump, tariffs
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The hands can’t hit what the eyes can’t see.”Economists, worried about the impact that President Donald Trump’s tariffs will have on inflation, are starting to get the champ’s point about his elusiveness in the ring.
New York Post on MSN9h
Fed’s preferred inflation gauge cools to lowest level since September — calming rattled marketsEconomists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take effect, though the timing and impact of those duties are now in doubt
Major retailers like Macy’s, Walmart, and Best Buy are raising prices on a range of goods—from toys and electronics to fresh produce—due to increased impor
7hon MSN
Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.
US stocks open lower after Trump accuses China of violating an earlier trade deal. Investors shrug off cooler inflation data.
U.S. consumer spending increased marginally in April as a rush to beat higher prices from import duties slowed.
This post offers a framework for thinking about the effect of tariffs on major asset class returns by estimating asset classes’ response to supply shocks. Click to read.