Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Goldman Sachs: Canada, Mexico tariffs will increase US inflation by 0.6%

Goldman Sachs: Canada, Mexico tariffs will increase US inflation by 0.6%

CointimeCointime2025/03/04 06:23
By:Cointime

Goldman Sachs economists predict that Trump's imposition of a 25% tariff on imported goods from Canada and Mexico, and a 10% tariff on Canadian energy, will cause core consumer prices in the United States to rise by 0.6%. "We do not rule out the possibility of suspending the tariffs at the last minute," they wrote in a report to clients on Monday evening. "This time, an obvious strategy is to extend the deadline to April 2 to align with other planned tariff announcements. If the tariffs take effect, we believe they are unlikely to become a permanent feature of US trade policy, although it is uncertain how long they will last." The US core consumer price index, excluding food and energy, rose by 3.3% year-on-year in January, while the Fed's preferred PCE index rose by 2.6% year-on-year. (FXStreet)

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like