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U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has threatened against the European Union and a host of other countries in recent days are imposed on Aug. 1 as planned.
The consumer price index rose 0.3% for the month after a 0.1% uptick in May, while the annual rate came in at 2.7%, up from 2.4% in May and slightly above estimates. The core index, stripping out ...
Tech led US stocks higher on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked ...
Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would be saved!!!' US president says after ...
Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Consumer prices picked up for June, in line with economists’ expectations and likely marking the start of an increase in ...
U.S. Treasury yields will trade in a tight range over the coming months, with a strong majority of bond strategists surveyed ...
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Tariffs, Inflation and Other Key Things to Watch this WeekMarkets enter the heart of earnings season with the S&P 500 ($SPX) (SPY) facing a critical test as major financial ...
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