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The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...
Inflation is speeding up after a period of cooling down earlier this year.
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has ...
Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
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