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The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates ...
U.S. Treasury Secretary Scott Bessent attends a press conference at government quarters Rosenbad after the trade talks ...
Latest FOMC statement highlights the possibility of softer US growth, but with strong labor markets and rising inflation, the ...
The Federal Reserve's preferred inflation measure, the personal-consumption expenditures price index, for June is out. Here's ...
2hon MSN
Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even ...
Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's ...
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
Major Gulf equities were mostly flat to lower early on Thursday, pressured by lacklustre corporate earnings and a more ...
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