Inflation, Trump tariff
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US Federal Reserve Governor Christopher Waller anticipates interest rate cuts later this year due to anticipated inflation and unemployment increases due to US tariffs.
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years.
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US Inflation Plummets to 2.8% – Lowest Since November 2024The much-anticipated inflation data for the United States has shown a significant ... as it reflects the underlying inflation trends without short-term price swings in essential commodities.
WASHINGTON, Feb 13 (Reuters) - U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal ...
Inflation slowed more than expected in February ... called for prices to rise 0.3% from January and 2.9% annually. US stocks rallied Wednesday after the report was released, bouncing back after ...
Gold prices fell in the domestic futures market as a US court invalidated Trump's tariffs, reducing gold's appeal as a safe-haven investment. The US dollar's strength also contributed to the decline.
U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures (PCE) Price Index rose 0.1% last month after being unchanged in March,