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Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Donald Trump continues to ramp up tariff rates even as they face pushback in court. Here's what it will mean for you and your ...
WASHINGTON (Reuters) -U.S. consumer prices likely increased moderately in May amid relatively cheaper gasoline, but the Trump ...
The Consumer Price Index report from the Labor Department on Wednesday could show the CPI less the volatile food and energy ...
Consumers showed signs of weakness last month as retail sales slowed, indicating shoppers may be pulling back as they await ...
Therefore, this calculation must subtract the U.S. content of goods ... Barbiero, Omar, and Hillary Stein. 2025. “The Impact of Tariffs on Inflation.” FRB Boston, Current Policy Perspectives 25-2, ...
President Trump’s tariffs will take a major bite out of U.S. deficit levels, reducing them by $2.5 trillion over the next decade and shrinking the size of the U.S. economy, the Congressional ...
But there's a potentially interesting twist being added to this years' COLA calculation ... about the prevailing rate of inflation, which is something Trump's tariff policy is expected to affect.
Just 37,000 jobs were created last month , down from 62,000 in April, according to the ADP National Employment report released Wednesday. Economists polled by The Wall Street Journal had expected ...
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