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Inflation report shows stunning first effects of Trump tariffs on prices
Consumer prices rose less than expected in May, CNBC reported, as Trump’s controversial tariffs have yet to have a significant impact on inflation. The broad consumer price index, which measures the cost of goods and services across the economy, increased 0.1% for the month, putting the annual U.S. inflation rate at 2.4%.
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on ...
Inflation likely rose in May, bouncing back after three months of declining as President Donald Trump's tariffs start to push ...
At the same time, the Bureau of Labor Statistics this week reported that both producer and consumer prices increased just 0.1 ...
Investors were cheering the below-forecast inflation reading for May, but it might be premature to assume that President Donald Trump’s aggressive tariffs could have limited impact on inflation, ...
The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P ...
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
Stock market futures were mostly calm on Thursday evening ahead of a key jobs report that is expected to shed light on the ...
U.S. stocks are drifting lower as momentum wanes from a big rally that had brought them to the brink of their record.
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
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