Inflation keeps defying tariff fears
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Inflation Rises Slightly
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3hon MSN
Where is all the inflation that was supposed to arise from the Trump tariffs? So far there’s hardly been any whiff of big price increases. Just wait, economists insist. It’s coming.
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank projections that will show how much weight policymakers are putting on recent soft data and how much risk they attach to unresolved trade and budget issues and an intensifying conflict in the Middle East.
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank projections that will show how much weight policymakers are putting on recent soft data and how much risk they attach to unresolved trade and budget issues.
Fresh inflation figures due out Wednesday could offer an early glimpse into whether President Donald Trump’s tariffs are beginning to drive up the cost of everyday products.
The rate of inflation fell in the spring to the lowest level in more than four years even as high U.S. tariffs threatened to increase prices again. Is the bill from trade wars about to come do?
Speaking at Forbes Iconoclast Summit, BlackRock’s CEO Larry Fink said he expected higher inflation if the tariffs are implemented in the coming months.