The European Union (EU), America’s third-largest trading partner, retaliates after Trump unveils a 25% tariff on EU imports, a move that could drive inflation and escalate global trade tensions.
All posts tagged inflation
How climate change and avian flu could spike egg prices in 2025
A widespread outbreak of H5N1 is disrupting the egg supply and causing egg prices to rise again. And climate change is partly to be blamed.
UPDATED: Federal Reserve’s first interest rate cut since 2020
The Federal Reserve lowered interest rates for the first time since 2020.
Inflation trends under each U.S. president since 1953
Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.