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Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on ...
The Federal Reserve’s preferred inflation gauge rose more than expected in May and the annual rate climbed further above central bankers’ 2% goal, according to government data released Friday. The ...
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Susan Collins urges caution on Fed rate cuts, citing strong economy, resilient spending, and unclear inflation from tariffs.
The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditure (“PCE”) price index, comes out on Friday. While the month-over-month increase for both core and headline PCE ...
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big tariff-related upswing. Prices rose by 2.3% over the 12 months through May ...
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug.
The Federal Reserve sees inflation rising again to top 3% this year amid the uncertainty around President Donald Trump's trade policies and intensifying geopolitical risk.. Federal Open Market ...