US Producer Prices Unexpectedly Fall, Dragged Down by Energy

Published on April 11, 2025

US wholesale prices fell in March by the most since October 2023, restrained by energy costs and adding to evidence of muted inflation ahead of the Trump administration’s tariffs on US trading partners.

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Consumer Sentiment Falls Further as Inflation Expectations Soar

April 11, 2025
Consumer confidence took another hit this month, primarily due to escalating worries about trade wars, inflation, and the labor market. The Michigan Consumer Sentiment Index plummeted to 50.8 in April, its second-lowest reading on record, surpassed only by June 2022.

Tariffs Are the First Part of a Larger Project

April 11, 2025
Getting into Donald Trump’s head is no easy task. And to the extent his economic intentions are decipherable and coherent, can Trump impose his economic will on other countries? As tariffs go into place, albeit with a partial pause, that remains to be seen.