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Trump's 25% Auto Tariffs Rattle Wall Street, Fed's Favorite Inflation Gauge Surges, Consumer Price Worries Rocket: This Week In Markets
Friday, March 28, 2025 - 4:55pm | 536Risk sentiment deteriorated sharply in the second half of the week after President Donald Trump announced sweeping tariffs on imported automobiles, compounding concerns about rising inflationary pressures. On Wednesday evening, the White House revealed plans to impose a 25% tariff on auto imports,...
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New York Fed Survey Shows Lowest Short-Term Consumer Inflation Expectations Since April 2021
Monday, July 10, 2023 - 3:10pm | 641Expectations among consumers regarding near-term inflation dipped in June to the lowest point since April 2021, while the outlook for inflation over the next five years climbed to its highest since March of the previous year, the Federal Reserve Bank of New York revealed on Monday. This survey...