U.S. Economic Indicators

The NFIB Small Business Optimism Index edged up 0.5 point to 101.7 in December but remains near all-time highs, as five components rose, two fell, and three remained unchanged. Expectations for the economy to improve and current job openings both increased. NFIB Report

Consumer prices rose 0.2% in February (up 1.5% on the year).  The “core” CPI, which excludes food and energy, increased 0.1% in February and is up 2.1% on the year.  BLS Report

U.S. News

According to the Wall Street Journal, President Trump’s threat to impose tariffs on car imports faces headwinds amid congressional opposition, legal challenges, and consumer concerns. President Trump’s proposed tariffs would tax cars imported from abroad by 25%, but would also raise prices for U.S.-made cars by taxing imported auto components. WSJ