The major U.S. stock indexes dropped sharply on Thursday, a stark reminder that President Donald Trump continues to pursue a tariff agenda capable of throwing the global economy into chaos.
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Roblox upgraded, GM downgraded: Wall Street's top analyst calls
"To sustainably achieve both of our dual-mandate goals, it will be important to keep any tariff-related price increases from fostering more persistent inflation," Logan said in comments prepared for delivery to a Peterson Institute for International Economics event on trade and immigration. Logan did not address U.S. President Donald Trump's decision on Wednesday to temporarily scale back most of the steep tariffs he had announced just a week earlier, though she did nod to "volatile" financial market prices as investors digest the economic implications of trade and other Trump administration policies and the uncertainties around the policies themselves.
March's Consumer Price Index could be the last time investors see moderating inflation as President Trump's tariffs threaten to upend recent easing in price growth.
Charles Hoskinson sees Bitcoin hitting $250K as Fed cuts, tech adoption, and global turmoil converge.
The consumer price index dipped 0.1% last month after gaining 0.2% in February, the Labor Department said on Thursday. Year over year, the CPI advanced 2.4% after rising 2.8% in February. Economists polled by Reuters had forecast the CPI edging up 0.1% and climbing 2.6% year-on-year.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
The tie-up supports Bitcoin payments that are up to 90% quicker and 90% cheaper than traditional “on-chain transfers”.
Wall Street reacts to president Trump's surprising move on tariffs.
