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Brendan Smialowski / AFP via Getty Images Federal Reserve officials are bracing for President Donald Trump's tariffs to impede both of the central bank's goals of keeping inflation in check and ...
Consumers’ primary worry about tariffs seems to be inflation, as year-ahead expectations for price increases jumped to 6.7%, almost two percentage points higher than last month. This is the ...
U.S. inflation may have cooled last month but egg prices are still stubbornly high, and there’s no immediate prospect of relief thanks to bird flu and tariffs. Consumers paid a record $6.227 per ...
Here is a recap of today's inflation report: YoY: 2.4% increase, lower than the 2.6% increase expected by economists MoM: 0.1% decrease, less than the 0.1% increase expected Core YoY: 2.8% ...
Get local news you need to know to start your day with NBC 6's News Headlines newsletter. As sentiment moved lower, inflation worries surged. Respondents' expectation for inflation a year from now ...
Consumers' 12-month inflation expectations soared to 6.7% this month, the highest reading since 1981, from 5.0% in March. Over the next five years, consumers saw inflation running at 4.4% compared ...
Year-ahead inflation expectations jumped to 6.7% from 5.0% in March. That was the fourth consecutive month of unusually large increases of 0.5 percentage points or more, the survey said.
Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. WASHINGTON (AP) — U.S. wholesale prices fell last month in another sign that inflationary ...
Inflation slowed sharply in March ... prices would drive down the overall CPI rate to 0.1% for the month and 2.6% for the year, according to FactSet. The overall CPI index was driven lower ...
Inflation fell to its lowest numbers since September ... as egg prices leapt 5.9% to a new record average price of $6.23 a dozen. Clothing prices rose 0.4%, though they have increased little ...
Inflation eased last month — but the fallout ... as gasoline prices dropped more than 6%. Airline tickets and used cars also got cheaper during the month, although the price of new cars and ...
WASHINGTON — (AP) — U.S. inflation declined last month as the ... as egg prices leapt 5.9% to a new record average price of $6.23 a dozen. Clothing prices rose 0.4%, though they have increased ...