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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 inflation ...
The numbers: Consumer confidence rebounded modestly in July as Americans expected higher stock prices and easing inflation. The consumer-confidence index rose to 97.2 in July from a revised 95.2 in ...
Dr Liliana Danila, Lead Economist, The Food and Drink Federation, (FDF) said:“Food and drink inflation shot up in May 2025, reaching 4.4% compared to 3.4% in April.
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 uncertainty.
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%.
First, are tariffs higher? It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff ...
Annual inflation slowed in April to its lowest level in four years, as falling prices for gasoline and groceries helped offset rising housing costs. Overall prices rose 2.3% last month from a year ...
Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.
Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET.
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...
The annual inflation rate hit 3.5% in April, its highest reading since January 2024. The increase from 2.6% in March was the largest between two months since 2022 when price growth was rocketing ...