U.S. Inflation Surges Amid Trade Tensions
Tariffs increased from 2.4% to 17.4%, causing trade disruptions.
Core inflation remained above 3% for two months, with food up 0.5% and energy 0.7%.
Analyst Stephen Kates notes U.S. economy's fragility post-trade issues.
Economist Stephan Weiler expects Fed to cut rates soon.
Fed struggles to balance inflation control and job growth, risking stagflation.
4 days ago