00:00It's Benzinga, bringing Wall Street to Main Street.
00:03The U.S. economy posted stronger growth in 2025, while inflation stayed relatively muted,
00:08even as Trump's tariffs raised import costs, according to CBS News.
00:13Many Americans said high living costs continued to strain household budgets,
00:18and economists said relief would likely be gradual.
00:22Inflation has eased from its 2022 peak, but prices remain high and continue to strain
00:28household budgets, while utility and heating costs rose.
00:32Inflation remains above the Federal Reserve's 2% target,
00:36keeping pressure on household budgets as everyday prices continue to rise.
00:40The Federal Reserve faces competing pressures as elevated inflation could argue for higher rates,
00:45while rising unemployment and slower hiring could push policymakers toward further rate cuts.
00:51Housing affordability could improve slowly as mortgage rates stay near 6%,
00:54and price growth moderates.
00:56Economists expect hiring and wages to pick up,
00:59while markets weigh risks tied to AI stock valuations.
01:02For all things money, visit Benzinga.com.
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