Alicia Summers
Trump’s Reciprocal Tariffs Shake Up Trade As Inflation Stays Hot
President Trump has announced new reciprocal tariffs set to take effect in April, aiming to match the import taxes other countries impose on U.S. goods.
Alicia Summers
Inflation Climbs To 2.7% Amid Rising Food And Gas Prices
Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target.
Alicia Summers
Core Wholesale Prices Rise in August; Fed Rate Cut Still Expected
The Labor Department’s August Producer Price Index shows a 0.2% increase in wholesale prices, meeting expectations, but core wholesale prices rose 0.3%, reversing a previous decrease.