Are U.S. Tariffs Backfiring? Record Deficit, Negative Growth
U.S. tariffs spurred a record trade deficit and pushed GDP into negative territory in Q1 as consumer sentiment tumbled, highlighting potential market shockwaves.
ConsumerSentiment
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US Inflation Slows in January but Remains Above Fed’s Target
US inflation slightly eased in January with the PCE Price Index at 2.5%, but remains above the Fed’s 2% target. Consumers expect 3.5% inflation in the next decade.