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Wall Street braces for June CPI data, as economists warn of hotter inflation driven by tariffs. A surprise print could jolt ...
So far, the impact of President Donald Trump's campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change.
The personal consumption expenditures price index, or PCE, inched higher in May, the latest sign that inflation remains stubbornly above the Federal Reserve's 2% annual target. Prices rose 2.3% in May ...
Inflation and tariff worries sent shares of Wall Street’s most valuable companies sharply lower, with Apple losing 2.7%, Microsoft down 3% and Amazon falling over 4%.
The headline inflation reading falling below 3% for the first time since 2021 is incredible. The fact that inflation has fallen to 2.9% from over 9% in just two years, without causing a recession ...
What contributed to February's cooling inflation 02:23. Inflation in February rose 2.8% on an annual basis, slightly lower than economists had forecast but continuing to signal that price hikes ...
Inflation eased after Trump's 'Liberation Day' tariffs, defying fears. Trump has rolled back tariffs since he announced the policy last month. By Max Zahn. May 13, 2025, 8:30 AM. 2:26.