US consumer inflation slows in February; tariffs expected to boost prices
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war.
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the ...
After weeks of threatening to impose tariffs on its nearest neighbors, President Trump finally made good on his warnings at midnight, with consumers set to pay the price.
Stock index futures advanced on Wednesday as Donald Trump's tariff plans took effect, while investors awaited the retail inflation data.
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