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The Latest Breaking News from Inflation

White House Cites Tariff Reports That Undermine Its Own Claims

Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.

Reason

Billions In U.S. EV Projects Just Stalled, As China Speeds Ahead

Under the Biden administration’s Inflation Reduction Act, the U.S. was on track to meet all its battery demand for electric vehicles from local manufacturing by the end of the decade. Now, the country may not reach that goal as billions of dollars worth of clean energy projects have stalled in…

InsideEVs

US added 228,000 jobs in March despite Donald Trump's federal cuts

Although the labour market remained strong in March, an increasing number of immigrant deportations could cause labour shortages in the coming months.

Euronews

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Economists slash eurozone growth forecasts as US tariffs shake outlook

Economists are slashing eurozone growth forecasts after Trump’s 20% tariffs on EU exports. Weaker trade, confidence, and investment now dominate outlooks, boosting expectations for ECB rate cuts, with April seen as likely. Inflation risks take a back seat for now.

Euronews

What Ancient Rome can tell us about the fate of Trump’s tariffs

ANALYSIS: When tariffs were used in Ancient Rome, they often led to higher prices, black markets and other economic problems, Peter Edwell writes

The Independent UK

US hiring likely remained robust last month: Can it hold up against tariffs?

New hiring data from the US, set to be released on Friday, will likely be positive. Even so, economists warn of risks ahead from tariffs, DOGE, and restrictions on migration.

Euronews

Asian stocks slid after Wall Street surrendered to a hit by Trump's tariffs

Asian markets are retreating after Wall Street led the biggest loss among world's markets over worries about U.S. President Donald Trump's tariffs

The Independent UK

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Asian Stocks Extend Global Rout After Trump's Shock Tariff Blitz

Equities extended losses in Asia on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears.

International Business Times

Ancient Rome used high tariffs to raise money too – and created other economic problems along the way

Tariffs are back in the headlines this week, with United States President Donald Trump introducing sweeping new tariffs of at least 10% on a vast range of goods imported to the US. For some countries and goods, the tariffs will be much higher.

The Conversation

Dollar Falls Sharply on US Tariffs Concerns

The dollar index (DXY00 ) Thursday fell sharply by -1.64% and posted a 6-month low. The dollar plummeted Thursday because of concerns that President Trump’s sweeping new reciprocal tariffs will start a trade war that will derail the economy and force the Fed to cut interest rates. Also, Thursday’s plunge...

Barchart

US Tariffs Could Push Up Inflation, Slow Growth: Fed Official

The trade uncertainty fueled by recent tariffs will likely raise the risks of higher inflation and slower growth, and pose challenges for Federal Reserve policy, a senior banking official said Thursday.

International Business Times

Inflation eases in Turkey although Trump tariffs pose economic risks

Turkey's inflation rate slowed more than expected in March, although domestic political turmoil and Trump tariffs pose risks to price pressures.

Euronews

What Trump’s tariffs could mean for UK consumers

A global trade war could affect everything from prices to pensions, and inflation to interest rates

The Guardian - UK

Liberation Day for Trump as he ‘drops nuclear bomb on the global trading system’

US president unleashes a blitz of tariffs — but the UK gets off relatively lightly

Evening Standard

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International Business Times

Stocks Tank, Havens Rally As Trump Tariffs Fan Trade War

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation.

Barchart

Dollar Falls Ahead of President Trump’s Tariff Plans

The dollar index (DXY00 ) Wednesday fell by -0.42% and posted a 1-1/2 week low. The dollar is under pressure because of concerns that US tariffs will start a trade war that derails the economy. Also, a recovery in stock prices on Wednesday reduced liquidity demand for the dollar. Losses...

Laptop

The Switch 2 is Nintendo's priciest console since the SNES and people are not happy

Adjusted for inflation, only the NES and SNES are more expensive than the Switch 2

Reason

Javier Milei's Free Market Reforms Are Starting To Pay Off

As poverty and inflation plunge, Milei's reforms begin to reshape Argentina's economy.

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news in one place.

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Barchart

Dollar Weakens Ahead of US Tariff Announcement

The dollar index (DXY00 ) today is down by -0.26%. The dollar is under pressure today because of concerns that US tariffs will start a trade war that derails the economy. Also, a decline in T-note yields has weakened the dollar’s interest rate differentials after the 10-year T-note yield fell...

Kiplinger

Stagflation: What It Is and Why Retirees Should Care

Stagflation — the economic bogeyman of the 1970's — may return to the US. Here's what it could mean to your retirement.

The Guardian - AU

You never know what you’re gonna get: Australians will have to wait until after the election to see if there’s an interest rate cut

The Reserve Bank says they are cautious about the outlook. Caution is fine, but indolence in the face of a challenging world is not

Fortune

‘The smell of stagflation’ is mounting as Trump’s Liberation Day arrives

Stagflation fears are mounting, warns Deutsche Bank, as Donald Trump's latest tariff announcements tick closer.

Fortune

Gen Z’s favorite economic commentator Kyla Scanlon who coined ‘vibecession’ says we’re not in one

“What people are feeling is not just vibes,” Scanlon said. “There’s real data to support a downturn.”

The Conversation

Labor wants to give the minimum wage a real boost. The benefits would likely outweigh any downsides

Labor has called for an “economically sustainable real wage increase” for almost 3 million workers who depend on the award system for their wages.

Pedestrian.tv

‘Not Earning Enough To Live’: Thousands Of Gen Z Aussies Stuck Working Two Jobs

Basically, what we’re hearing is that Gen Z are working a shit tonne.

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