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Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, ...
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...
Former IMF official Desmond Lachman highlights risks from Trump tariffs and tax cuts, warning of potential inflation, higher ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer ...
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell ...
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
The U.S. economy is mostly in good shape, but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
US inflation rose in line with forecasts in May, although so-called “core inflation” came in lower than expected as the ...
Consumer prices rose 2.4% year-over-year in May, defying fears that President Trump’s tariffs could lead to higher inflation.
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