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U.S. wholesale inflation cooled last month, despite worries that President Donald Trump's tariffs would push prices higher for goods before they reach consumers.
Along with weakening employment data and uncertainty from new tariffs, the latest inflation number puts the Federal Reserve ...
Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the Federal Reserve on track to hold interest rates steady when policymakers next ...
A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be ...
Consumers’ year-ahead expectations for inflation tumbled in May by 0.4 percentage points to 3.2%, according to the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations ...
Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index.. Forecasters had ...
The Federal Reserve's preferred measure of inflation likely heated up in June, as tariffs started to push up consumer prices.