US Inflation Eases, Offering Some Relief Ahead of Tariffs

<p>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br />Bloomberg Economics US Economist Stuart Paul discusses US consumer prices rising at the slowest pace in four months in February, welcome news for American households who remain apprehensive about the potential for tariffs to drive costs higher.<br />The consumer price index increased 0.2% after a sharp 0.5% advance in January, according to Bureau of Labor Statistics data out Wednesday. Excluding often volatile food and energy categories, the so-called core measure rose 0.2% as well.<br />The respite, driven in part by a drop in prices for cars and gas, may be short-lived. Economists anticipate that an escalating trade war will drive up prices on a variety of goods from food to clothing in the coming months, testing the resilience of consumers and the broader economy.<br />Bloomberg News Metals &amp; Mining Reporter Joe Deaux breaks down US metal tariffs sparking retaliation moves and calls for talks. Ed Price, Senior Fellow at New York University, explains how President Trump&rsquo;s rise marks the end of a long progressive era in the US. Maggie Switek, Senior Director of Research at the Milken Institute, talks about Milken Institute 2025 Global Opportunity Index: Revisiting Latin America and the Caribbean. And Drive to the Close with Philip Palumbo, CEO at Palumbo Wealth Management. <br />Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>