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Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs.
Overall, though, the trend for inflation has been a steady decline toward the Federal Reserve’s 2% annual target. The Fed, ...
U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs ...
May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in ...
US Federal Reserve Governor Christopher Waller anticipates interest rate cuts later this year due to anticipated inflation ...
U.S. consumer prices rose slightly in May, driven by housing costs and partially offset by cheaper gasoline. Inflation's ...
The 0.1% rise was a notch below the 0.2% increase that economists had expected.
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