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Forecasts for the PCE, the Federal Reserve’s preferred inflation measure, suggest that prices moderated last month.
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame ...
New data from Statistics Canada shows the first impacts of the April removal of the consumer carbon price, and tariffs on ...
“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 ...
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, ...