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Inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
Consumer inflation in the United States is anticipated to pick up pace in June, driven by recovering fuel costs and increasing prices for products affected by recent tariff policies. According to ...
U.S. consumer sentiment improved for the first time in six months in June as trade tensions between the U.S. and China eased, but households worried about the economy's trajectory.
WASHINGTON (Reuters) - U.S. consumer sentiment deteriorated further in May, with one-year inflation expectations soaring to levels last seen in late 1981 amid escalating fears over the economic ...
The Manila Times on MSN13d
US used car prices surge
A GAUGE of US used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the Covid pandemic is climbing again, last month notching its largest annual ...
Price pressures typically ease in the second half of the year, but Robb told Reuters that retail vehicle sales remain “a bit hotter than prior years” and the supply of vehicles coming off lease into ...
The U.S. economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by 5% from a year ago.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports ...
Inflation has slowed significantly since topping out at 9.1% in June 2022. However, the return to more typical rates of inflation was expected to be highly bumpy, and that choppiness was on full ...
The surge in the year-on-year rate reflected lower prices last year, especially for energy products, that dropped out of the calculation. Inflation increased 3.3% in 2024 after rising 1.1% in 2023.