Subscribe:

Oct 31, 2024

The last reading on inflation before the election

On this morning’s show, we’ll unpack the latest PCE report and the impacts of former President Donald Trump’s proposed tariffs.

Some of the last economic data before Nov. 5
by David Brancaccio
The last reading on inflation before next week’s election and Federal Reserve meeting shows that inflation was up 2.1% annually. With fuel and energy prices out of the way, the index was up 2.7% in a year. For an expert view, we’re joined by Diane Swonk, chief economist at the audit, tax and advisory firm KPMG.
The knock-on effects of Trump's proposed tariffs
by Michelle Fleury
Former President Donald Trump is promising tariffs of up to 20% for all goods entering the U.S. and a 60% tariff on goods from China to protect American jobs from foreign competition. We’ll dig in to some of the potential impacts.