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Fed officials see inflation, according to their preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% ...
What a difference a couple of months can make. Earlier in the year, the market fell into a panic on worries over tariffs and what that could do to inflation and the economy. At its worst, the Dow was ...
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The ...
Asian shares have started the week mixed after U.S. stocks closed at an all-time high after recovering from their earlier ...
The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another ...
Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this ...
May inflation came in slightly hotter than expected, with Core PCE rising 2.7% year over year, creating some doubt about the ...