Beneath the surface, one can see an emerging sketch of how inflation will increase across the economy as tariffs take effect. … READ MORE >
Search Results for: inflation
U.S. spending and inflation ease as companies slam the brakes on imports
American spending moderated in April as U.S. businesses pulled back significantly on imports after months of pulling forward economic activity to avoid higher tariffs. … READ MORE >
Inflation falls in Canada as end of consumer carbon tax offsets other increases
Canada’s consumer price index (CPI) fell to 1.7% in April thanks to the removal of the consumer carbon price and lower crude oil prices. For now, price increases associated with U.S. tariffs seem to have been kept at bay. The end of the consumer carbon tax should continue to apply … … READ MORE >
Inflation expectations surge as effective tariff rate hits 17.8%
The sharp increase, which comes as higher tariffs are about to take hold, heightens the risk that the Federal Reserve is losing control of what until recently were well-anchored expectations and, consequently, price stability. … READ MORE >
In April CPI report, scant evidence of tariff-induced inflation
We think it probable that the pervasive uncertainty around trade policy caused businesses to simply remain in place until they had more information about the tariffs. … READ MORE >
Market Minute: Rising inflation expectations could send yields higher today
The New York Fed’s Survey of Consumer Expectations, to be released on Monday, carries the risk of sending yields higher across the curve. … READ MORE >
March inflation moderated in the last clean report before tariffs
Investors and policymakers should anticipate top-line and core inflation to advance at a 4% to 4.5% pace by the middle of the summer. … READ MORE >
Market Minute: First the tariff supply shock, then the inflation
With the recent round of reciprocal tariffs, the United States is heading toward another supply shock, which will spur the worst kind of inflation. … READ MORE >
Job openings and manufacturing data deepen concerns over growth and inflation
Manufacturing activity and sentiment contracted again after two months of modest expansion mostly because of the impact of anticipated tariffs on orders and prices. … READ MORE >
U.S. households pull forward spending as PCE inflation remains sticky
Households are preparing for what they believe will be another price shock caused by an increase in the costs of goods through a policy-induced trade shock. … READ MORE >