inflation, consumer price index
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President Trump’s tariffs have yet to reverse the disinflation trend that’s persisted since January, baffling economists and the bearish views that color the consensus narrative.
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is succeeding.
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the Federal Reserve to maintain its wait-and-see posture on interest-rate cuts, sa
1hon MSN
Early trading on Wall Street was quietly mixed as markets shift their attention toward a deluge of corporate earnings reports.
The Journal’s first-quarter survey was conducted at a time when anxiety over swiftly changing tariffs was at its peak. The mood has since calmed, largely because many of the threatened tariffs were postponed. Even so, the economists surveyed remain “relatively downbeat,” describing the outlook as only “slightly” improved since the first quarter.
Trade deals have begun to filter through but the majority of countries are still locked in negotiations with the US as the tariff implementation date of August 1 beckons.
MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their highest level in more than a month, as investors digested a slight rise in U.S. inflation and took a mixed view of quarterly results from big banks.