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UBS On-Air: Paul Donovan Daily Audio 'Data’s phony trade war'
Published 8 months ago
Description
US consumer price inflation did not show many trade tax consequences. The slowing of tourism-related prices might reflect how visitors are wary of entering the US, but complications in timing Easter’s effect are also relevant. Appliance price inflation is a concern (the fastest monthly increase since early 2022 may reflect firms anticipating trade taxes).