Inflation, consumer prices and Tariffs
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Energy declined 1% on the month, while new and used vehicle prices posted respective declines of 0.3% and 0.5%. Within energy, gasoline posted a 2.6% drop that took the year-over-
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month
May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs. While the Federal Reserve is likely to maintain current interest rates, underlying price pressures remain.
Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in wait-and-see mode until fall.
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Blame stubbornly high mortgage rates and lingering economic anxieties over Trump policies for US housing-market gridlock.
U.S. consumer prices rose slightly in May, driven by housing costs and partially offset by cheaper gasoline. Inflation's future trajectory remains uncertain amidst President Trump's tariffs. The Federal Reserve plans to maintain current interest rates,
USD/JPY rises amid Fed hawkishness and U.S. data beats. Watch BoJ chatter, GDP revisions, and CPI numbers for the next market move.
Consumer prices increased marginally in May amid cheaper gasoline, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.