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Tariffs angst sinks US consumer sentiment, boosts inflation expectations
US consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions that have roiled financial markets and raised the risk of a recession.
The Consumer Sentiment Index dropped sharply to 50.8 from 57.0 in March, marking its lowest reading since June 2022. The ...
Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but others are taking effect.
Inflation won’t go all the way back to the 9% peak it hit under Biden. The Yale forecast is for inflation in 2025 to be 2.9 ...
(Photo: Isaac Hale, Deseret News) While CPI inflation has marched down, albeit erratically, from a 40-year high of 9.1% in June 2022, that trend is set for a reversal as the impacts of new trade ...
US households probably experienced ... 9 percent—at this month’s meeting although inflation has been above 5 percent since June. With assistance from Brian Fowler, Robert Jameson, Vince ...
The President has insisted his tariffs are "reciprocal". But the methods the Trump administration used to calculate are not ...
Trade tensions have escalated between the United States and China, the main source of imports, making last month's producer ...
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