Trump's 'Tarifflation' In The Spotlight As Markets Shrug Off Cool Inflation Data, Economist Says
Benzinga (Fri, 11-Apr 11:42 AM)
Another indicator of slowing inflation came in on Friday morning with a cooler-than-expected Producer Price Index that fell 0.4% month-over-month in March. On an annual basis, producer inflation slowed to 2.7%, well below economists’ estimates of 3.3% and down from 3.2% in February.
Economists are weighing in on the significantly lower inflation data that the market is ignoring.
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Jamie Cox, managing partner for Harris Financial Group, clearly expressed that markets are more concerned with the escalating U.S.-China trade war than they are with the most recent inflation data.
"Disinflation should be dominating the headlines right now, but no one is paying attention. The potential inflation shockwave is covering ...
