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Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
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Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...
The Personal Consumption Expenditures Price Index grew at an annualized rate of 1.2% in April, marking the second consecutive ...
Britain’s statistics agency said it overstated the official inflation rate due to a mistake in numbers it was given on ...
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages.
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
Britain's Office for National Statistics said on Thursday that April's consumer price inflation reading of 3.5% had been ...
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
April’s headline inflation figure was 0.1 percentage points too high due to an "error” in some of the data collected, the ...
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