Treasuries rallied as fears that Donald Trump’s policies will fuel inflation eased, after the US president refrained from imposing China-specific tariffs for now.
Trump, inflation and immigration
Consumer prices in Canada continued to climb up at a soft pace in December, data showed on Tuesday, helped by a sales tax break which kicked off from the mid of the month and brought down prices of alcohol,
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more
Kenya's statistics office will begin publishing core inflation data to help monetary authorities to better predict the impact of their interest rate decisions on the economy, officials said on Tuesday.
Trump signed an executive order calling on federal agencies to deliver “emergency price relief” to tamp down inflation. The president vowed to bring prices down on the campaign trail, though was light on specifics on how exactly he would accomplish that.
Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.
Vanguard issues its 2025 markets forecast. Analysts at Vanguard have been looking to 2025 and beyond to gauge the future. A recent study by the financial services company, one of
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.
President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence O’Donnell" Thursday night.