Trump’s tariff moves upend inflation expectations in financial markets
President Donald Trump’s weekend announcement of tariffs on Mexico, Canada and China were translating into a shock for market-based inflation expectations, prompting traders to now expect an annual headline rate from the consumer-price index that’s closer to 3% for much of 2025.
President Donald Trump’s weekend announcement of tariffs on Mexico, Canada and China were translating into a shock for market-based inflation expectations, prompting traders to now expect an annual headline rate from the consumer-price index that’s closer to 3% for much of 2025.
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