Consumers are increasingly concerned about near-term inflation due to President Trump’s aggressive tariffs on major U.S. trading partners, with the University of Michigan consumer survey for February showing a 1 percentage point jump in inflation expectations to 4.3%, the highest level since November 2023. Despite tariff postponements, fears of price increases impacting consumers persisted, leading to a decline in overall sentiment and a notable drop in the various survey indexes, reflecting a perception that it may be too late to avoid the negative impact of tariff policy.
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Healey intends to run for reelection
Mass. Gov. Maura Healey announced her intention to seek reelection during an appearance on GBH’s “Boston Public Radio,” marking the first time she definitively confirmed her plans. Healey highlighted her administration's achievements and upcoming challenges, including managing the ongoing shelter crisis and potential GOP policies under a Trump administration, amidst speculation about potential Republican candidates like Mike Kennealy. Despite facing criticism for her handling of certain issues, Healey expressed her dedication to continuing to serve...
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