Inflation probably moderated
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New York Post |
US inflation was lower than expected in March — despite President Trump’s launch of sweeping tariff wars — but some experts warned that higher prices are likely in the coming months.
NPR |
Inflation eased last month — but the fallout from President Trump's trade war threatens to put upward pressure on prices in the month to come.
CNN |
Economists have cautioned that Thursday’s CPI report could very well mark the nadir in inflation this year as Trump’s massive and sweeping tariffs upend global order and make imports — and, likely, e...
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The first monthly decline in prices in nearly five years also suggested softening demand amid recession fears and led markets to anticipate Fed could cut interest rates by 100 basis points this year.
The consumer price index fell in March, but President Donald Trump’s tariff agenda and the specter of a global trade war threaten to reverse progress.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Markets are closely monitoring inflationary impact from tariffs since February, including a 10% Chinese import levy and increased global steel and aluminum duties.
Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday, down from 2.8 percent in February. That is the lowest inflation figure since September.
Wall Street economists said the US risks a recession this year and inflation could return to pandemic levels following the Trump administration’s announcement of major tariffs on global trading partners.
Most of the Bank of Mexico's five governing board members agreed that the risks associated with U.S. President Donald Trump's tariffs will add uncertainty to the future path of inflation, minutes of its March 27 monetary policy decision showed on Thursday.
The US indices have given back some of their gains from the explosive Wednesday session on Thursday. At this point in time, the markets are likely to try to look for some kind of range to deal with in this area.
The new forecast sees the Fed lowering rates in July, September and November – an increase from earlier bets on two cuts this year and one in 2026, according to a team of Goldman economists.
The impact of U.S. tariffs on Spain will lead the Bank of Spain to revise down its growth forecasts, Spain's central bank governor and European Central Bank's policymaker Jose Luis Escriva said on Wednesday.