- Moderate US consumer spending, increasing prices raise specter of stagflation Reuters.com
- Sell-off on Wall Street gains steam, with Dow losing 700 points: Live updates CNBC
- Consumers are saving more and spending less as Trump’s tariffs loom CNN
- Federal Reserve’s preferred inflation gauge rises as consumer gloom deepens Financial Times
- Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows The New York Times