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New data from the Labor Department shows inflation ticked up to its highest level since February in June with consumer prices ...
The report also noted that the Federal Reserve is expected to keep interest rates on hold for now, awaiting greater clarity on the evolving global tariff landscape and fiscal developments ...
Trump's tariffs have driven inflation to its highest level since February, with prices rising 2.7% in June from a year earlier, posing a political challenge for the president and a potential obstacle ...
Stocks dipped on Tuesday as new consumer price index data showed rising inflation and the Aug. 1 deadline for Trump’s tariff ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
By Carolina Mandl, Matt Tracy and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
A new paper jointly published by the Federal Reserve Banks of New York and San Francisco explores the possibility of the Fed ...
Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% ...
Most U.S. stocks are falling after an update on inflation hurt Wall Street’s hopes for lower interest rates. But indexes are ...
US consumer prices have posted their biggest jump in five months in June, suggesting tariffs may be starting to heat up ...
The US Labor Department announced on Tuesday that the Consumer Price Index in June rose 2.7 percent from a year earlier. That ...
“We were expecting 2/10ths of 1%," Creighton University economics professor Ernie Goss said. "It was 3/10ths of 1% so that's only 1/10 of a percent more, but multiply that times 12, and you're talking ...