Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
Turkish annual consumer price inflation slowed to 39.05% in February, official data showed on Monday, lower than a Reuters poll forecast and sustaining a downtrend since it peaked at around 75% in May last year.
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday. Economists had expected the PCE price index to climb 0.
Bank of England rate-setters are sounding the alarm on inflation, warning that the central bank may need to hold off on further interest rate cuts