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Inflation rate edged higher by 2.4% in May, CPI report shows. Here's what that means.
The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
Inflation rose less than expected last month despite Trump’s tariffs
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
U.S. Inflation Remains Muted, With Limited Effects From Tariffs
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
US inflation ticks higher but tariff impact remains muted
Prices of toys, car parts and major appliances jumped in the US last month, but the overall impact of Donald Trump's new ...
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Inflation Back in the Spotlight as Tariffs Talks Continue
Reports on consumer and wholesale inflation headline the week’s economic data as tariff negotiations between the U.S. and ...
Fed to keep rates steady as tariffs, possible oil shock counter inflation data
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
US inflation inches up 0.1% in May, below forecasts
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
It's official: Trump's tariffs are damaging the economy
The OECD said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of ...