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Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
Consumer prices unexpectedly declined from a month earlier, while a fall in gasoline prices pushed the energy index lower.
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
A key gauge of inflation — the consumer price index — showed Thursday that prices rose by 2.4 percent in March from a year ...
Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the ...
Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain ...
The consumer price index climbed 2.4% year over year last month, according to data released Thursday by the Bureau of Labor ...
NEW YORK (AP) — Another wipeout walloped Wall Street Friday. Worries are building about a potentially toxic mix of worsening ...
Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen for the U.S. economy. “We’re starting the year off on much softer footing, ...
Worries are building about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war. The S&P 500 dropped 2% for ...
The central bank predicted weaker year-end economic growth and higher inflation than it had in a December forecast. Consumer surveys show rising fears about inflation as Trump imposes tariffs on ...
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