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The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import ...
Surging U.S. electricity and natural gas prices are expected to affect the cost of living. AI data centers are driving demand ...
The post Inflation Rises, Tariffs to Blame appeared first on Reason.com.
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
The Consumer Price Index reveals prices grew faster in June than in May. The annual inflation rate ticked up to 2.7%, the ...
The June index for bread was 240.3, up 0.1% from May but down 0.2% from a year ago. Under this heading, the CPI for white bread was 432.1, up 0.5% from May but down 0.4% from June 2024. For bread ...
On Tuesday, the Dow Jones Industrial Average dropped 0.98%, mainly because of worries about rising US inflation and mixed earnings reports from big banks.
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by financial data firm FactSet. June's reading ...
U.S. producer prices were unexpectedly unchanged in June as an increase in the cost of goods because of tariffs on imports ...
US wholesale inflation was muted in June, signaling that price pressures might not be building for producers and manufacturers.
Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...
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