The inflation data that will be published on Thursday will offer the last price indicator one day after President Donald Trump stopped some rates and US actions recovered.
The new report is ready to offer a look at price movements in March, which covers a period that greatly preceded market changes induced by the rate and recession warnings in recent weeks.
Prices are expected to have increased 2.6% in March compared to a year ago, which would mark a slight cooling of the previous month. In February, inflation year after year increased by 2.8% compared to a previous year.
Last week, Trump issued 10% tariffs in imports from almost all countries, as well as the so -called “reciprocal tariffs” aimed at approximately 75 nations, but Trump announced a 90 -day pause of those reciprocal rates on Tuesday.
Together with the pause of some rates, Trump announced additional tariffs on China, which increased the cumulative duties of Chinese products from 104% to 125%. The climbing occurred in response to a new round of China tariffs that raised the taxes on US products at 84%.
Economists expect the tariffs that remain in their place increase the prices of some consumer goods, although the exact moment and the scope of price increases are still clear.
Last month, the president of the Federal Reserve, Jerome Powell, said that Trump’s tariffs were partly guilty of the price increases that had taken place in February.
A merchant works on the floor in the New York Stock Exchange in New York City, on April 9, 2025.
Angela Weiss/AFP through Getty Images
Despite the growing commercial tensions and the turbulence of the market since Trump assumed the position in January, the economy remains solid by several key measures.
The unemployment rate is at a historically low level. Meanwhile, inflation is well below a peak reached in 2022, although price increases register almost a higher percentage point than the 2%Fed objective.
The hiring increased in March, blowing the expectations of economists beyond and accelerating the growth of the previous month, they showed the government data last week.
The key indicators “still show a solid economy,” Powell said Friday.
However, tariffs threaten to derail the hiring and worsen inflation, they said multiple analysts to ABC News, before Trump stopped “reciprocal tariffs” for 90 days.
Long -ranking levies increase the probability of a recession by increasing prices, refining consumer spending, slowing off commercial activity and risking dismissals, they said.
