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While the direct effect of higher tariffs on inflation remained relatively moderate last month, there are signs that ...
Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.
EU foreign ministers are meeting in Brussels after Donald Trump threatened the bloc with 30% tariffs. Richard Baldwin, a ...
Inflation rose sharply in June as new import tariffs, introduced by the Trump administration, began to impact consumer prices ...
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on ...
While the broader US economy has remained resilient, the growing costs of items like appliances, clothing, and electronics ...
The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index excluding food and energy, rose ...
A broad rise in prices, from coffee and audio equipment to home furnishings, pushed U.S. inflation higher in June, which ...
Economists view the PPI as a bellwether for future consumer inflation. The report showed that the stagnation in wholesale prices was largely attributed to a decline in service costs.
US consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as policymakers ...
Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would make it through value chains and start to show up in consumer prices over ...
Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading ...
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