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Some economists have forecast a bigger impact of the tariffs on inflation. Deutsche Bank has projected a more than percentage point rise. The Port of Los Angeles is among the largest in the U.S ...
Core inflation, excluding food and energy, increased 3.3% year-over-year, exceeding forecasts of 3.1%. Among major CPI components, fuel oil jumped 6.2% month-over-month, while the index for meats ...
Deutsche Bank chief US economist Matthew Luzzetti told Yahoo Finance that without tariffs, his team would expect core PCE inflation, the Fed's preferred gauge, to fall to 2.5% by the end of 2025 ...
Only 17 of 99 economists with end-2025 forecasts said the next cut will come in the second half of the year, and 16 expected no cuts this year. Interest rate futures are pricing in just over a 50% ...
A recession in Mexico becomes the base case. US Inflation could be 0.3% to 0.6% higher vs baseline over the next 3-4 months (putting headline personal consumption expenditures inflation at 2.9% to ...
Inflation measures the general increase in the price of specific everyday items like a carton of milk or eggs over time, usually a year. The current inflation rate is 2.9%, slightly higher than 2. ...
In its latest World Economic Outlook, the IMF projected global growth of 3.3% in both 2025 and 2026, and said global headline inflation was set to drop to 4.2% in 2025 and 3.5% in 2026, allowing a ...
Inflation has come down from the four-decade high it hit in mid-2022, but it's still stuck above the Fed's 2% target and hasn't shown much improvement since summer.