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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 ...
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
“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 ...
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as President ...
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, ...
Consumer prices increased 2.4% in May compared with a year earlier. The data point is better than expected, but does not suggest immediate interest rate cuts ...
Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's ...
Economists polled by Reuters had been expecting the May reading to come in at 2%, which is the European Central Bank’s target ...
Average weekly earnings excluding bonuses rose 5.2% from a year earlier, down from 5.5% in the three months to March, the Office for National Statistics said Tuesday. The unemployment rate edged up to ...