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Inflation is softening. Can it last with war and tariffs?

A look at promising inflation data, new tariffs, and the rest of the week’s economic news for the Weekly Wrap.

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Consumer sentiment ticked upwards, but a fresh round of tariffs could provide fresh headwinds.
Consumer sentiment ticked upwards, but a fresh round of tariffs could provide fresh headwinds.
Jason Armond/Los Angeles Times via Getty Images

It’s been a big week for economic data. We got the consumer and producer price indexes, retail sales, and consumer sentiment in the five days gone by. And while inflation looks to be softening from these reports, can that last as the war continues?

Also in the economic headlines was President Donald Trump’s announcement of new tariffs on Brazil and 60 other countries, and new Chairman of the Federal Reserve Kevin Warsh had his first Humphrey-Hawkins hearing in front of Congress.

“Marketplace” host Kai Ryssdal discusses all this and more with Ana Swanson at the New York Times and Catherine Rampell at MSNOW and The Bulwark.

To hear their conversation, click the play button.

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