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Inquirer Business on MSNUS consumer inflation accelerates as tariff effects creep inUS consumer inflation picked up in line with analyst expectations in June, government data showed Tuesday, with vehicle costs ...
U.S. inflation reached its highest level since February in June, with consumer prices rising 2.7% from a year earlier, in part because of new tariffs imposed by the Trump administration.
“We were expecting 2/10ths of 1%," Creighton University economics professor Ernie Goss said. "It was 3/10ths of 1% so that's only 1/10 of a percent more, but multiply that times 12, and you're talking ...
The June inflation bump probably takes a July Federal Reserve interest-rate cut off the table.
It’s no secret that prices have increased in the last decade — especially for healthcare. And as new economic policies like tariffs take effect, we can expect consumer out-of-pocket costs ...
Ripple (XRP) slips below $3.00 on Tuesday, exchanging hands at $2.87. The decline follows XRP's rally, which reached a weekly ...
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off ...
The Labor Department’s consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That’s up from ...
Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
The Canadian Press on MSN9h
Stubborn core inflation in June likely cements calls for Bank of Canada rate holdUnderlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.
Citigroup (C) boosted its full-year net interest income guidance and now sees 2025 revenue at the high end of its previous ...
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