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US inflation jumps as Trump tariffs 'bite'
While the inflation numbers aren't "as bad as expected," they suggest that President Donald Trump's import tariffs are "starting to bite," Heather Long, the chief economist at Navy Federal Credit Union, told CNN. "A long stretch when Trump's policies left little imprint on the hard data appears to be ending," said The Wall Street Journal.
The Labor Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the ...
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as ...
U.S. producer prices were unexpectedly unchanged in June as an increase in the cost of goods because of tariffs on imports ...
Inquirer Business on MSN10h
US consumer inflation accelerates as tariff effects creep inUS consumer inflation picked up in line with analyst expectations in June, government data showed Tuesday, with vehicle costs ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
Economists’ anxiety about official U.S. inflation data is growing. One major issue: They don’t have the numbers they need to understand the scope of the problem.
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation ...
Agence France-Presse on MSN1d
US consumer inflation accelerates as tariff scrutiny growsUS consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as policymakers ...
1don MSN
Trump has pointed to relatively low inflation and good employment numbers as reasons to cut sooner, saying the Fed has been too late to act and is holding back the American econom ...
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