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So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.
The government’s measure of gas prices jumped 0.9% from May to June, while grocery costs rose 0.3%. Many longer-lasting goods that are heavily imported saw clear price increases, with furniture prices ...
Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
The Federal Reserve’s preferred measure of underlying inflation increased in June at one of the fastest paces this year while ...
The Reserve Bank’s preferred measure of inflation, the so-called trimmed mean, today fell to its lowest level since December 2021, with headline rates at 2.1 per cent, down from 2.4 per cent in the ...
The PCE Price Index is forecast to have risen by 0.20% in June, up from 0.14% in May. Core PCE is expected to have risen 0.29 ...
The Federal Reserve's preferred measure of inflation likely heated up in June, as tariffs started to push up consumer prices.