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4h
The New Republic on MSNInflation Spikes More Than Expected in Every Indicator That MattersOn the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic proposals widely considered to be at odds with that promise. In April, he ...
WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect ...
The Personal Consumption Expenditures price index for April rose 2.1% on an annual basis, closer to the Fed’s target inflation rate of 2%.
Key Takeaways: U.S. inflation fell to 2.1% in April, the lowest since September. Core inflation hit a four-year low at 2.5% year-over-year. Consumer spending growth slowed amid tariff ...
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
Inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures Price Index rose 0.1% last month after being ...
1d
Investor's Business Daily on MSNFed Meeting To Weigh Firmer Inflation, Jobs Data; S&P 500 Edges Higher (Live Coverage)The headline strength in GDP came as imports plunged at 30.3% annual rate, after Q1's 37.9% spike ahead of Trump tariffs.
Key Takeaways Consumer confidence, as measured by the Conference Board, rose in July.The reading comes after the index declined in June as worries over the labor market persisted.Consumer surveys have ...
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