Washington builders brace for impact of Trump's proposed tariffs
SEATTLE — The Trump Administration's tariff strategy is expected to hit Washington consumers hard, affecting everything from groceries to home construction. Proposed 25% tariffs on goods from Canada and Mexico are due to take effect next week, in addition to tariffs on the EU already announced.
New data shows inflation cooled slightly in January
Inflation fell to 2.5% in January in Fed’s preferred gauge
Inflation gauge favored by Fed showed prices grew as expected in January
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Consumers cut spending by most in four years last month even as inflation fell
US consumer spending declines; annual inflation subsides
US Consumers Cut Spending in January More Drastically Than at Any Point in the Last Four Years
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday,
Gobsmacked by groceries: Inflation inching higher for Washington consumers weary at the market
In a December interview after winning the election for president, Donald Trump credited his win at the polls on two topics: immigration and the economy.
Should Investors Welcome Inflation Or Run From It?
Investors have grappled with high inflation since the pandemic. But perhaps they shouldn't be so quick to dismiss inflation after all.
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged
Wall Street sinks as U.S. consumers get more pessimistic about inflation, tariffs
Wall Street is falling again Tuesday as U.S. households get more pessimistic about the economy because of inflation, tariffs and other policies coming from Washington.
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumbles
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
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Trump’s Approval Rating Falls and Could Collapse Over Inflation
During the first month of his second term, Donald Trump’s popularity started out mildly positive but has slowly eroded, according to the FiveThirtyEight averages. As of January 24, his job-approval ratio was 49.