Reported about 9 hours ago
In light of January's Consumer Price Index data revealing unexpectedly high inflation, economists are concerned about the impact of Trump's trade tariffs on consumer prices. Moody's chief economist Mark Zandi points out that Americans are already experiencing significant inflation challenges, and any tariff-related price increases could influence monetary policy and wage demands. Zandi notes the potential long-term consequences of both tariff policies and immigration plans on the labor market and cost of living.
Source: YAHOO