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These figures add to concerns that inflationary pressures could persist, especially amid uncertainty surrounding Trump’s trade policies and potential tariffs. Analysts at ABN Amro warn that slowing consumer sentiment, a cooling labor market, and financial stress could drag growth down to 1.7% in 2025, with inflation expected to average 2.7% next year, rising to 2.8% in 2026.
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US Personal Income and Spending, February 2025
The core PCE price index, the Federal Reserve's preferred inflation gauge, rose 2.8% year-over-year in February, slightly above January’s 2.7%. On a mon...
author: Ahura Chalaki
5
published:Mar 28, 2025 9:41
Reading Time:
1 minutescategory:fundamental
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