Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Global stocks steadied on Friday after a volatile week due to the emergence of a low-cost Chinese artificial intelligence model, while investors braced for the threat of U.S. tariffs on Canada and Mexico as early as Saturday.
Inflation fell in five important German states in January, preliminary data showed on Friday, suggesting Germany's national inflation rate could decline this month, although it was expected to remain unchanged.
U.S. stock index futures rose on Friday, driven by gains in Apple following a strong sales growth forecast, as investors focused on key inflation data expected later in the day that could influence the Federal Reserve's policy decisions.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Friday as the stock market waits for news on President Donald Trump's threats to apply tariffs on Mexico, Canada, and China. Also PCE inflation data are due.
Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important financial problem they face today. And despite some optimism that the economy will soon improve, a 2025 Allianz Life study found that 60% of Americans believe inflation will get worse this year.
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Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target. Meanwhile, investor expectations of inflation one and two y
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The personal income and outlays report, which the Commerce Department will release on Friday morning, will provide detail on where inflation is heading, a key to the Federal Reserve's interest rate policy.