Reported 1 day ago
Recent economic data indicates a rise in inflation for November, with the Producer Price Index (PPI) exceeding expectations while the Consumer Price Index (CPI) met forecasts. Economist José Torres discusses the implications of rising PPI on future inflation under President-elect Trump's potential second term, emphasizing the crucial impact of US-China trade relations. If trade tensions escalate, it could reverse the current trend of disinflation in goods, leading to inefficiencies and a possible inflationary cycle in 2025.
Source: YAHOO