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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
Economists broadly expect the tariffs to add 1 to 1.5 percentage points to the inflation rate by the end of the year, which could leave it between 3.5% and 4%. Inflation peaked at 9% in 2022 and got ...
By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home ...
Following Trump’s 50% tariff hike on Brazilian goods, a decree creates fast-track process for countermeasures against ...
"Obviously, the longer that this drags on, the more damage is done to the industry... We need to have access to the U.S.
The latest inflation data suggests that President Donald Trump's tariffs may already be having an impact on the finances of ...
"As a result, the adverse impact of tariffs on labor market conditions and economic growth may be more limited," Collins explained. The Fed’s benchmark interest rate currently stands in the 4.25%-4.50 ...