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Timely insights from the Economy, Strategy & Finance Center
Downward surprises in both month-over-month and year-over-year Headline and Core CPI measures in February offer some relief following a spike in inflation at the beginning of the year. Yet, these data do not capture the full brunt of the rapidly escalating tariff environment. While 10% tariffs on Chinese imports were in place over much of February, these tariffs were recently increased to 20% and additional levies on Canada (25%) and Mexico (25%) loom. We expect trade policy to drive inflation higher over the coming months.
Trusted Insights for What’s Ahead®
Figure 1. Year-on-Year CPI Inflation
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PRESS RELEASE
The LEI for France Improved in March
May 16, 2025
PRESS RELEASE
LEI for Brazil Improved Slightly in April
May 15, 2025
PRESS RELEASE
The LEI for Germany was unchanged in March
May 15, 2025
PRESS RELEASE
LEI for Australia Retreated in March
May 14, 2025
PRESS RELEASE
LEI for the UK Declined in March
May 13, 2025
PRESS RELEASE
LEI for Japan Increased in March
May 12, 2025
All release times displayed are Eastern Time
Global growth is expected to slow over the next decade relative to the prior ten years.
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