Categories Finance

UBS warns full tariffs could push US inflation to 5%

UBS estimates that if the full slate of proposed tariffs is permanently implemented, U.S. inflation could rise to around 5%, as import costs filter through to consumer prices. – I guess if the Fed views the jump as ‘transitory’ they will cut on the growth scare factor. This…

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Categories Finance

ADP: Private Sector Adds 155,000 Jobs in March; Annual Pay Up 4.6%

Private sector employment in the United States grew by 155,000 jobs in March, while annual pay increased 4.6% year-over-year, according to the latest ADP National Employment Report produced in collaboration with the Stanford Digital Economy Lab. The report offers a high-frequency, independent view of the labor market using…

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