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US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President ...
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation.
Headline and core data in line with expectations but will not be enough to ease Fed’s fears of tariff-driven price rises ...
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
A subdued June inflation print means a September Fed rate cut remains possible; we see higher inflation numbers ahead ...
A trickle of what is likely tariff-induced inflation has appeared in areas like household furnishings within Tuesday's consumer-price index data, and it is likely to gain momentum in the coming months ...
The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The ...
Economists viewed this data as the first clear sign that Washington’s trade war is starting to affect consumer prices ...
The Consumer Price Index increased 0.3 per cent last month after edging up 0.1 per cent in May, the Labor Department's Bureau of Labor Statistics said on Tuesday.
Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...