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Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Expected price hikes from a wave of US tariffs on global trade have yet to meaningfully show up in government inflation data, ...
Where is all the inflation that was supposed to arise from the Trump tariffs? So far there’s hardly been any whiff of big ...
U.S. inflation likely picked up a bit last month as President Donald Trump’s tariffs start to bite, but lower prices for gas and possibly for air fares and used cars may limit the overall increase ...
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Inflation ticked up last month ... a surprise to some economists who have expected Trump's tariffs to have more of an inflationary effect so far. Major retailers such as Walmart have said ...
The comments came as the inflation rate has grown less than expected in recent months, fueling more attacks on Fed chair Jerome Powell by Trump.
A range of tariffs on U.S. imports has been enacted or considered recently. Trade tariffs can potentially affect price inflation for consumption and investment goods. Estimates suggest that the impact ...
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 ...