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U.S. inflation likely picked up a bit last month as President Donald Trump's tariffs start to bite, but lower prices for gas and possibly for air fares and used cars may limit the overall increase.
“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 ...
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices ...
While President Trump has pointed to cooling prices as a reason for rate cuts, the Federal Reserve has kept rates unchanged to guard against tariff-fueled disruptions that could derail a soft landing, ...
The euro was 0.2% lower against the U.S. dollar and 0.07% down against sterling at 10:42 a.m. in London, after data showed ...
Euro-area inflation eased more than expected, dipping below the European Central Bank’s 2% target and supporting the case for ...