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The Trump Tariff Inflation Is Here. But Don’t Panic — Yet.
Apparel, which had seen cool inflation the last 2 months, grew 0.4% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%.” Justin Wolfers, a University of Michigan business school professor who is relentless about criticizing Trump’s policies,
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports ...
An Unexpected Surge In Inflation Has Put A Big Trump Promise At Risk. ... With farmers hit by the avian flu epidemic, egg prices leaped by 15.2%, the biggest monthly increase since June 2015.
MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their ...
Price pressures typically ease in the second half of the year, but Robb told Reuters that retail vehicle sales remain “a bit hotter than prior years” and the supply of vehicles coming off lease into ...
WASHINGTON (Reuters) - U.S. consumer sentiment deteriorated further in May, with one-year inflation expectations soaring to levels last seen in late 1981 amid escalating fears over the economic ...
US inflation just got worse, ... A sale sign is displayed on a rack of clothes at a store in Chicago, Monday, June 10, 2024. (AP Photo/Nam Y. Huh ... pushed higher by a 15.2% surge in egg ...
Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
The surge in the year-on-year rate reflected lower prices last year, especially for energy products, that dropped out of the calculation. Inflation increased 3.3% in 2024 after rising 1.1% in 2023 ...
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