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Friday's PCE data release comes as investors closely watch where inflation stands at the onset of President Trump's tariff ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but ...
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
March inflation hits a 4-year low at 2.4%, driven by energy prices and durable goods. Click for my full review of the latest ...
President Donald Trump has falsely claimed this week that grocery prices are “going down” and “are down.” In fact, grocery ...
Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked away ...
However, tariffs threaten to derail hiring and worsen inflation, multiple analysts previously told ABC News, before Trump paused "reciprocal tariffs" for 90 days. Far-reaching levies increase the ...
The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal.
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the economy was facing a period of tepid ...
Next Tuesday sees the release of inflation figures for February. The Bank uses high interest rates to keep a lid on prices, but January’s increase in the annual rate from 2.5% to 3% has stoked ...
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