Tariff fears are adding to anxieties about inflation, strength of US economy

Chicago Tribune

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By CHRISTOPHER RUGABER WASHINGTON (AP) — U.S. inflation may have eased somewhat last month, but it could be a temporary respite as President Donald Trump’s tariffs are expected to keep prices high for months to come. The Labor Department is expected to report Wednesday that the consumer price index rose 2.9% in February from a year earlier, according to economists surveyed by FactSet. If so, that would mark a slight decline from 3% in January an…

WISH-TV

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IU lecturer on what to know about stock market's downturn

An Indiana University finance lecturer talks about stock market's reaction to uncertainty over tariffs, high interest rates and inflation, and a weakening job market. Joe Fitter says an investor's plan of action depends on their age.

KMJ-AF1

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Consumers Worry About Tariffs and Food Prices

Grocery stores and gas pumps are important inflation indicators. While inflationary concerns have been persistent in recent years, the back and forth regarding tariffs on Canada and Mexico, as well as the tariffs on Chinese goods, have prompted additional concerns about prices. Results from the Gardner Food and Agricultural Policy Survey find most consumers across both political parties expect tariffs to increase the prices they pay for food. Th…

Bloomberg

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US Small-Business Optimism Retreats as More Shift to Price Hikes

US small-business optimism fell to a four-month low in February and a gauge of uncertainty neared a record high as business owners grew uneasy about tariffs.

Boston Herald

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Rechenberg: No, tariffs don’t drive up inflation

President Trump’s tariff proposals have sparked criticism and warnings about higher consumer prices. However, these claims just hit a brick wall. The Federal Reserve Bank of Boston recently confirmed that Trump’s tariff proposals would have only a negligible effect on inflation. This follows a report from the Congressional Budget Office that tariffs would cause only a minimal, one-time price increase. Specifically, the December 2024 CBO report e…

Kronen Zeitung

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After the recent stabilisation, the US banks came under considerable pressure on Monday and closed down in deep red. In view of US President Donald Trump's erratic customs policy, the US is increasingly fearful of negative effects on the economy. Meanwhile, it is even feared that the United States, the largest economy in the world, could slip into recession, particularly in the case of conjuncture-sensitive technology values. The technology-inte…