Inflation eased to 4-year low
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US, Dollar and Inflation
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Don’t get used to the decline in the U.S. rate of inflation to a four-year low. Inflation will probably rise, at least temporarily, even after the Trump administration reduced high tariffs.
Recent inflation data point to continued progress toward meeting the U.S. Federal Reserve's 2% inflation goal, but the outlook is now uncertain due to the possibility new import taxes will drive prices higher,
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
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Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.
Federal Reserve Vice Chair Philip Jefferson said tariffs and related uncertainty could slow growth and boost inflation this year, but monetary policy is well positioned to respond as needed.
The improvement in inflation comes as President Donald Trump secures a couple of important trade deals. Consumer prices rose less than expected in April, with the pace of annual inflation falling to its lowest level since early 2021, the Bureau of Labor Statistics reported on Tuesday.
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FOX 5 New York on MSNNew Yorkers to get $2B in inflation refund checksNew legislation signed by New York Governor Kathy Hochul includes sending inflation refund checks to over 8 million New Yorkers.
Argentina's monthly inflation rate slowed down to 2.8% in April, below analysts' average estimate of 3.1%, data from national statistics agency INDEC showed on Wednesday.
These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.
Donald Trump is pressuring the Federal Reserve to cut interest rates following a favorable inflation report, arguing that the current base rate is too high with a modest 2.3% annual CPI increase. However,