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Inflation report shows stunning first effects of Trump tariffs on prices
Consumer prices rose less than expected in May, CNBC reported, as Trump’s controversial tariffs have yet to have a significant impact on inflation. The broad consumer price index, which measures the cost of goods and services across the economy, increased 0.1% for the month, putting the annual U.S. inflation rate at 2.4%.
The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 600 points from the previous day’s close as investors ...
Inflation likely rose in May, bouncing back after three months of declining as President Donald Trump's tariffs start to push ...
The University of Michigan’s closely watched Surveys of Consumers showed across-the-board rebounds from previously dour ...
Investors were cheering the below-forecast inflation reading for May, but it might be premature to assume that President Donald Trump’s aggressive tariffs could have limited impact on inflation, ...
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P ...
Stock index futures traded in the red on Wednesday, as investors awaited details on a trade framework over trade disputes ...
Producers of metals and other raw materials fell as traders weighed the implications of inflation data and a U.S.-Chinese trade negotiations. The U.S. consumer price index rose 0.1% in May, a more ...
Stock market futures were mostly calm on Thursday evening ahead of a key jobs report that is expected to shed light on the ...
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
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