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Inflation held steady in July as tariffs ripple through prices
New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.
July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
Inflation brought on by Trump's tariffs will be seen in "rolling pockets," Charles Schwab chief investment strategist Liz Ann ...
On Thursday, President Donald Trump took a break from gilding the Oval Office to summon the media for a presentation in a decidedly less flashy medium: printed charts. Less than a week after he ...
Inflation Outpacing Wage Growth For Over 40% Of Americans, Report Says By Antonio Pequeño IV, Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.
Consumer prices, as measured by core Personal Consumption Expenditures (PCE) inflation, will likely rise 4.3% over the year by the fourth quarter, according to Diane Swonk, chief economist at ...
Inflation rose by 0.3% month over month in June and 2.7% year over year, higher than last month's figure. Editor-in-Chief Caleb Silver breaks down the inflation data for the month of June ...
The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped ...
The year-over-year change in core CPI, which excludes volatile food and energy prices, was just under the forecast of 3%. Core CPI rose 2.9% in June, compared to the previous 2.8%.
Consumer inflation expectations have crept up over the past six months. A University of Michigan survey in June found consumers thought a year from now price levels would rise roughly 5%.
Inflation for housing, the largest CPI component, increased just 0.2% for the month but was 3.8% higher compared to a year ago. That was the largest contributor to the overall CPI gain, the BLS ...
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Interannual inflation in July in the US remains at 2.7%
In July, the US inflation rate remained stable at 2.7%, as reported by the Consumer Price Index (CPI). This stability comes ...
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