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Inflation held steady in July as tariffs ripple through prices
New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.
President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next ...
For investors, the July CPI print was just right, as it raised the odds of a rate cut at the next Fed meeting while showing ...
Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...
A frozen inflation rate can motivate borrowers to regain their financial independence. Here's what they should do now.
Inflation was subdued in the late 2010s. It then surged due to the economic dislocations triggered by the Covid-19 pandemic, ...
The figures suggest that slowing rent increases and cheaper gas are offsetting some impacts of President Donald Trump’s ...
Inflation is slowly rising, but not surging out of control. That should provide some flexibility for Fed officials to cut ...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
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