Watch live: Stock markets open amid tariff fears
March 31, 2025
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2:52:28Now PlayingWatch live: Stock markets open amid tariff fears
YouTube Description
as posted by the channelU.S. stock futures point to a lower open after major stock indexes plunged on Friday amid fresh inflation and tariff fears.
On Friday, the Federal Reserve's preferred inflation gauge came in slightly higher than expected in February, triggering worries that the central bank's fight against elevated inflation has stalled above the Fed's 2% goal. And with President Donald Trump promising a host of tariffs on April 2, inflation may not reach 2% for some time, econoomists said. Tariffs would increase prices, instead, they said.
A 25% tariff on all cars not made in America and auto parts are set to kick in on April 2, along with a plan for reciprocal tariffs. Uncertainty over whether further tariffs will be broad or targeted has whipsawed the market. Broad tariffs that last a while would damage the economyandboost inflation, economists said.
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