As the clock ticks down toward Tuesday's proposed tariffs on Canada and Mexico, inflation traders prepared for a short-term shock to the annual headline rate from the consumer-price index over the second half of this year.

Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above 3% — a stretch that’s tantamount to a short-term shock in price gains.

Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower prices, and China would eat any tariffs.

In the past year, chicken prices have risen as much as 43% while egg prices have increased 27%, according to Mexico's National Union of Poultry Farmers.

MEXICO CITY, Feb 21 (Reuters) - Mexico's annual inflation rate likely rose during the first half of February as the core index remained flat, a Reuters poll predicted on Friday, boosting bets that ...

St. Louis Fed president Alberto Musalem said Monday that he is closely watching longer-term inflation expectations and downside risks to growth as he argues for maintaining a 'patient approach' to monetary policy.