If you take energy and food out of the equation, annual inflation has been sitting around 2.7 or 2.8% since July. Also: a look at consumer spending on durable goods.
Trump says he’s still planning to impose tariffs on Canada and Mexico. Also on the show: Marketplace’s David Brancaccio looks at building community after the recent fires in LA.
From the BBC World Service: The Indian finance minister is set to unveil the country’s annual budget on Saturday, but keeping India’s rapid growth on track won’t be easy. Plus, the looming U.S. tariff deadline.
Although the Trump administration rescinded an order freezing federal grants, foreign aid is still suspended for 90 days — with potentially dire consequences.