Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
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The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted. Read more
A report card from an engineering group found that American roads, ports and other infrastructure got better last year but could be hurt if federal funding is reduced. Read more
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act. Read more
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