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Trump Policies May Create ‘Perfect Storm’ for US Inflation - Power Technology
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11 Articles
Rising Inflation Sinks Stocks, Sparks US Dollar Rally
US index futures have turned sharply downward after US producer prices jumped in July (3.3% vs Street 2.5% and previous 2.3%), contradicting Tuesday’s consumer price report and suggesting that tariffs may be starting to drive up inflation. US core PPI (excluding food and energy) was even worse (3.7% vs Street 2.9 and previous 2.6%). US index futures, which had been flat, are now down 0.2% to 0.3%. Overseas, the DAX is up 0.6%, the FTSE is flat, …
Trump policies may create ‘perfect storm’ for US inflation - Retail Banker International
While the risks of a potential US recession in 2025 have receded, President Trump’s policies could create an “inflationary perfect storm”, a new report outlines. The 11th edition of GlobalData TS Lombard’s Global Economic Outlook Executive Briefing notes that the business’s current forecasts for the US economy in 2025 are for growth of 1.5% and inflation at 3%. However, it acknowledges potential risks to its growth forecast as a result of the un…
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