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Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
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Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Britain’s statistics agency said it overstated the official inflation rate due to a mistake in numbers it was given on ...
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages.
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show ...
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Millions of seniors rely on Social Security to supplement their savings and help them afford their expenses once their ...
Japanese real wages fell for a fourth consecutive month in April, eroded by stubborn inflation that has continued to outpace ...
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