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Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
Global oil prices have skyrocketed in response to escalating geopolitical tensions between Israel and Iran, which could ...
Where is all the inflation that was supposed to arise from the Trump tariffs? So far there’s hardly been any whiff of big ...
The comments came as the inflation rate has grown less than expected in recent months, fueling more attacks on Fed chair Jerome Powell by Trump.
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
“Without a spike in inflation,” said eToro equity analyst Bret Kenwell, “the Fed may have trouble defending its stance on interest rates, particularly as other central banks lower rates and as ...
President Donald Trump’s tariffs have yet to show up in any of the traditional data points measuring inflation.
The US and China agreed to a framework and implementation plan to ease tariff and trade tensions on Tuesday. President Trump signaled his approval, saying the deal was "done" pending sign-off from him ...