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Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
As part of the FOMC’s mandate, the Fed is making incremental changes to the federal funds rate to guide inflation closer to 2%. CPI data is one of the Fed’s measurements of our economy’s ...
Inflation slowed to 2.4% in the 12 months through March, as measured by the consumer-price index. That undershot the 2.6% ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
Inflation slowed in March as gasoline, used car prices dropped. Trump paused many of his largest tariffs for 90 days but ...
Consumers paid 2.1% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of ...
Consumer prices unexpectedly declined from a month earlier, while a fall in gasoline prices pushed the energy index lower.
With inflation remaining on positive long-term trends, all eyes will be on April’s CPI report, which will likely price in some of the tariff tit-for-tat that’s rocked the stock market and ...
Overall prices in the recreation and culture division rose by 2.4% in the 12 months to March 2025, down from 3.4% in the 12 months to February. The rate in March was the lowest observed since October ...
The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last month ...