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Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take ...
The cost of living barely rose in April — and the rate of inflation slowed even closer to prepandemic levels — but it’s ...
Federal Reserve policymakers wary of cutting interest rates in the face of President Donald Trump's aggressive tariffs will ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco ...
Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.