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Consumer inflation in the United States is anticipated to pick up pace in June, driven by recovering fuel costs and increasing prices for products affected by recent tariff policies. According to ...
Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
U.S. consumer sentiment improved for the first time in six months in June as trade tensions between the U.S. and China eased, but households worried about the economy's trajectory.
WASHINGTON (Reuters) - U.S. consumer sentiment deteriorated further in May, with one-year inflation expectations soaring to levels last seen in late 1981 amid escalating fears over the economic ...
The U.S. economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by 5% from a year ago.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports ...
Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
Stocks surge on inflation data. Trump, bond yields hold the key to what’s next. ... even before December’s consumer-price index reading put hopes for a June interest-rate cut back on the map.
Grocery prices climbed 0.5% just in January, pushed higher by a 15.2% surge in egg prices, the biggest monthly increase since June of 2015. Egg prices have soared 53% compared with a year ago.
The surge in the year-on-year rate reflected lower prices last year, especially for energy products, that dropped out of the calculation. Inflation increased 3.3% in 2024 after rising 1.1% in 2023.
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since August 2023. Core prices climbed 0.4% last month, the most since March 2024.