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On Monday, President Trump announced global 25% tariffs on steel and aluminum imports, which will take effect on March 12. Tariffs of 25% on Mexico and Canada are set to come next month, while 10% ...
Trump's mention of tariffs also came after the president announced new 25% tariffs on steel and aluminum earlier this week and promised new reciprocal tariffs will be unveiled as early as today.
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with data indicating sticky inflation from a peak of 9.1% in June ...
The final inflation report covering the Biden administration shows President Donald Trump inherited an unfavorable inflation situation. Still, some economic policymakers say that, overall, the U.S ...
Price check. A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. Wall Street economists expect headline inflation was at 2.9% annually ...
Read the latest news on inflation and what it means for the Federal Reserve: ... Savings interest rates today: Swap your simple savings for today's highest yields of up to 4.50%; AOL.
Though inflation is now way below its peak of 9.1% in June 2022, average prices are still about 20% higher than they were three years ago — a major source of public discontent that helped drive ...
Then, on Thursday, the "core" Producer Price Index (PPI) revealed prices increased by 3.1% in October, up from 2.8% the month prior and above economist expectations for a 3% increase.