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It might be premature to assume that Trump’s tariffs could have limited impact on inflation, says one strategist
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, according to Seema Shah,
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 Index plunged by over 1.80% on Friday as concerns about geopolitics emerged. Its crash mirrored that of other ...
Inflation likely rose in May, bouncing back after three months of declining as President Donald Trump's tariffs start to push ...
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on ...
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
At the same time, the Bureau of Labor Statistics this week reported that both producer and consumer prices increased just 0.1 ...
The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for ...
U.S. stocks are drifting as Wall Street’s momentum cools following a big rally that had brought it to the brink of its record ...
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