Eggs for sale at a grocery store in Los Angeles on Feb. 26, 2025. Eric Thayer/Bloomberg via Getty Images Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump’s tariff policies could stall progress. The consumer price index rose 2.8%…
Prices for goods and services moved up less than expected in February, providing some relief as consumers and businesses worry about the impact tariffs might have on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a wide-ranging measure of costs across the U.S. economy, ticked up a seasonally adjusted 0.2% for…
A person browses a grocery store following the announcement of tariffs on Canadian and Mexican goods by U.S. President Donald Trump, in Toronto, Ontario, Canada, on March 4, 2025. Arlyn Mcadorey | Reuters With concerns running high that President Donald Trump’s tariff policies will aggravate inflation, a report Wednesday could deliver some mildly encouraging news….
A sharp drop in consumer prices last month has added to worries about China’s economy (STR) Shares in Hong Kong and Shanghai sank Monday on a mixed day for Asian markets after data showing Chinese consumer prices slipped back into deflation stoked fresh concerns over the world’s number two economy. The reading compounded uncertainty on…
CBOE Global Markets’ Mandy Xu warns the stock market is underpricing tariff risks — even after Monday’s sharp sell-off. Xu contends the bond market has been more sensitive to economic uncertainty than stocks over the past few months. But now, that gap may be starting to close. “There’s scope for it [volatility] to go even…
Residents purchase takeout from a restaurant in Admiralty, Hong Kong, on April 22, 2024. (ANDY CHONG / CHINA DAILY) Overall consumer prices in Hong Kong rose 2 percent year-on-year in January, up from the 1.4 percent increase recorded in December 2024, the Census and Statistics Department said on Thursday. The larger increase was attributable to…
Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates. The consumer price index, a broad measure of costs in goods and services across the U.S. economy, accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, the…
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images The January consumer price index report is likely to tell a familiar story: another…
On Saturday, US President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, and 10% on goods from China. The move risks triggering a new trade war, which economists warn could hamper global growth and fuel inflation. Also Read: Donald Trump’s ‘sales pitch for Canada to join’ US as 51st state: ‘Big tax…
STORY: U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department’s consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected, putting the annual inflation rate at 2.9%. But the so-called core CPI, which excludes volatile food…