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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%.
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.
Inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures Price Index rose 0.1% last month after being ...
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices ...
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 U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than ...
Slowing rent increases and cheaper gas are offsetting some impacts of Trump's sweeping tariffs. Excluding the volatile food ...
Inflation brought on by Trump's tariffs will be seen in "rolling pockets," Charles Schwab chief investment strategist Liz Ann ...
Falling gas prices helped keep overall inflation tame in July; however, a broader array of products got even more expensive last month, showing that President Donald Trump’s expansive tariffs are ...
The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due ...
The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.7 percent from ...
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