Home Depot's Response to New Tariffs

Home Depot executives say they don't plan to raise prices due to new tariffs, but some product options may disappear from shelves if import costs make them not worth it. The company is in a good position due to sourcing more than half of its items from the U.S. and hopes to steal shoppers from other retailers by maintaining steady prices.

US Economy and Inflation

Inflation in the US rose 0.2% in April, slightly below expectations but still above the Federal Reserve's target of 2%. The economy is showing signs of slowing down, with prices leveling out. However, new tariffs on imports are expected to raise costs for businesses, potentially leading to higher inflation in the future.