Bonds & Stocks
Treasuries edged higher after their biggest selloff since December as investors awaited the latest inflation snapshot for clues on the path of US interest rates following Wednesday’s hotter-than-expected print.
Economy
US wholesale prices rose in January by more than forecast on higher food and energy costs, highlighting only limited progress on inflation ahead of tariffs imposed by the Trump administration.
World
President Donald Trump said he would announce reciprocal tariffs on Thursday, promising to deliver on his threat to slap tariffs on imports from countries that impose higher duties on US goods.