Trump’s proposed tariffs would be ‘recessionary’ and could spark a resurgence in inflation, Harvard economist says

By Susan Walsh/APTrump’s trade policies would be “recessionary” and could make inflation worse, according to Kenneth Rogoff.The Harvard economist pointed to Trump’s proposed tariffs on imports, including a 60% tariff on Chinese goods.That could be very “dislocating” to the economy, he said in an interview with Bloomberg TV.Donald Trump’s proposed tariffs on imports would have…

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What To Expect From February’s CPI Inflation Report

By More From ForbesMar 5, 2024,11:35am ESTWilliams About To Put More Money In Your Pocket”,”scope”:{“topStory”:{“index”:2,”title”:”Williams About To Put More Money In Your Pocket”,”image”:”https://specials-images.forbesimg.com/imageserve/65e73ecd739af7e5d583fe9c/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Mar 5, 2024″,”hourMinute”:”10:51″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1709653863592},”uri”:”https://www.forbes.com/sites/dividendchannel/2024/03/05/williams-about-to-put-more-money-in-your-pocket/”}},”id”:”bb68o88286a800″},{“textContent”:”Mar 5, 2024,10:46am ESTHow To Get NVIDIA At A 16% Discount”,”scope”:{“topStory”:{“index”:4,”title”:”How To Get NVIDIA At A 16% Discount”,”image”:”https://specials-images.forbesimg.com/imageserve/65e0e4d8623bd9e6ee5b2b12/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Mar 5, 2024″,”hourMinute”:”07:30″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1709641800000},”uri”:”https://www.forbes.com/sites/michaelfoster/2024/03/05/how-to-get-nvidia-at-a-16-discount/”}},”id”:”4703ic42lmj800″},{“textContent”:”Mar 4, 2024,06:32pm ESTCounting On Fed Rate Cuts? Consider Adding Asia High…

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Ghosts Of Inflation Past

By Gian Lorenzo Ferretti PhotographyReal Estate Weekly Outlook U.S. equity markets notched another set of record highs this week while benchmark interest retreated from three-month highs as investors parsed decent PCE inflation data and upbeat corporate earnings reports. Investors breathed a “sigh of relief” after PCE Price Index data wasn’t the Fed-spooking setback that some…

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US stocks climb as the Fed’s preferred inflation gauge rises in line with estimates

By Personal consumption expenditures data came in as expected on Thursday.REUTERS/Brendan McDermidStocks climbed as the Federal Reserve’s preferred inflation gauge met expectations.Excluding food and energy, the PCE price index increased by 0.4% month over month in January.The reading should boost the outlook for rate cuts, as inflation doesn’t look to be reaccelerating.US stocks climbed Thursday…

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