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Inflation Inches Up in June, Driven by Food and Shelter Prices
The consumer price index rose 0.3% for the month after a 0.1% uptick in May, while the annual rate came in at 2.7%, up from 2.4% in May and slightly above estimates. The core index, stripping out energy and food costs, increased to a 2.9%, up from 2.8% in May.
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Inflation Directly Hits Menu Prices at US RestaurantsIn the current economic landscape of the United States, consumers are feeling the impact of inflation across various sectors, ...
The U.S. Bureau of Labor Statistics announced Tuesday that consumer prices moved upwards in June, with the true impact of ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
“While any tariff induced boost to inflation is likely to be short-lived, with higher tariffs being announced it would be ...
Tech led US stocks higher on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked ...
Top-line inflation figures for June landed in line with analysts' expectations, but under the surface, rising prices for some goods suggested that tariffs could drive further price increases ahead.
One of the biggest problems with inflation is that once it has burrowed into an economy, it is very difficult to rid of it.
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The War on Inflation Is a Class WarFederal Reserve chair Jerome Powell recently warned that the United States was at risk of stagflation, a combination of high ...
War, even the American Revolution, is the health of the state because it is almost impossible to avoid fighting a war on ...
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
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