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Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6-percent annual increase in June from 2.3 percent ...
The New Republic on MSN7hOpinion
Inflation Spikes More Than Expected in Every Indicator That Matters
On the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic ...
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 ...
June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Check ...
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 ...
The Fed has generally overshot its inflation target over the last four years. Headline PCEPI has averaged 4.0 percent per year since April 2020, whereas core PCEPI has averaged 3.9 percent.
'AWFUL APRIL' Services price inflation - a key gauge of domestic inflation pressure - leapt to 5.4% in annual terms in April, above all forecasts in the Reuters poll for an increase to 4.8%.
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
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