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The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import ...
Consumer prices rose at a quicker rate in June, breaking a months-long streak of cooling inflation, the Labor Department said ...
The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal Reserve grapples with economic pressures, the question remains: do the ...
U.S. inflation reached its highest level since February in June, with consumer prices rising 2.7% from a year earlier, in part because of new tariffs imposed by the Trump administration.
The core inflation metric tracked by the Federal Reserve will likely come in at 2.7% or 2.8% for June, versus 2.7% in May, according to a batch of Wall Street estimates out today. That would mean no ...