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The last time inflation expectations ran that high was in 1981, toward the end of a historic period of high prices, ...
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
The first monthly decline in prices in nearly five years also suggested softening demand amid recession fears and led markets ...
According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.4% year-over-year, lower than the expected 2.5% growth. Core CPI dropped to a four-year low ...