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Trump has demanded the U.S. central bank lower its benchmark overnight interest rate immediately by a full percentage point, ...
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
Uncertainty over tariffs had already led the central bank to adopt a wait-and-see approach to interest-rate decisions.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Canada’s unemployment rate rose to 7% in May, and more layoffs may follow, according to former Bank of Canada Governor ...
Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer ...
The U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists ...
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
Former Treasury Secretary and Federal Reserve Chair Janet Yellen expects inflation to rise to “at least 3% or slightly over” ...
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