Potential Headwind News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Back to life as the pandemic eases. but there is a potential headwind. a key measure of inflation hit a 29-year high in april. and some businesses say they have no choice, but to raise prices. claire sebastian explains why. >> this is the wall of an elevator cab. the exterior structural wall. >> reporter: if you are a business that specializes in, well, things that go up, 2021 has come as a shock. >> this is made of carbon steel. carbon steel, which six months ago, cost us around 45 to 50 cents a pound and today is costing us around a dollar a pound. >> so that's more than double. >> more than...

A trade deal done with the chinese and he's close on that. i predict he gets that done by the end of january at the latest. then he has a very nice story to tell going into 2019 and 2020. i think that's one big potential headwind. the second headwind is the federal reserve is raising rates as people know. that will slow down elements of the economy. interest rates are sensitive, areas of the economy are slowing a little bit, but the fed has to do that because were spending on bottom money on deficit spending and in order to make our debt attractive we have to make sure we don't have a lot of i...

A trade deal done with the chinese and he's close on that. i predict he gets that done by the end of january at the latest. then he has a very nice story to tell going into 2019 and 2020. i think that's one big potential headwind. the second headwind is the federal reserve is raising rates as people know. that will slow down elements of the economy. interest rates are sensitive, areas of the economy are slowing a little bit, but the fed has to do that because were spending on bottom money on deficit spending and in order to make our debt attractive we have to make sure we don't have a lot of i...