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The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
While President Trump has pointed to cooling prices as a reason for rate cuts, the Federal Reserve has kept rates unchanged to guard against tariff-fueled disruptions that could derail a soft landing, ...
The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
CNBC Daily Open: There's progress on trade and U.S. inflation — but it's harder to rely on such news
In ordinary times, the scenario of muted inflation and a job market that's starting to wobble would make cutting interest ...
That matters because investors poured more than $7 trillion into U.S. money-market funds. The industry ranks as the ...
WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Weaker-than-expected May inflation data suggests that President Donald Trump’s tariffs have not inflicted a large immediate ...
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RetailWire on MSNUS Inflation Remained Relatively Flat in May According to Latest CPI Data, Beating ExpectationsInflation seems to have softened as of late, per the May CPI data, though it still remains above the Fed's target rate of 2%.
The recent market rally could face a test later, with the May inflation report set to give investors a sense of whether the Federal Reserve will have scope to lower interest rates at all in 2025.
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