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U.S. Treasury yields were slightly lower on Thursday as investors read through the personal consumption expenditures index ...
On the 2024 campaign trail, President Trump promised to “end inflation” and increase affordability, while touting economic ...
U.S. stocks closed lower on Thursday as early gains faded, following the latest round of corporate earnings and economic data, as investors awaited results from megacaps Amazon and Apple due after the ...
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell for not cutting the federal funds rate on Wednesday.
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Prices pop as Trump tariff deadline looms The ...
Looking at all of this — the inflation, the wages — is the Federal Reserve. It’s gotta decide what to do with interest rates. Being on the high side as they are, holds back the economy some, but it is ...
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
The Personal Consumption Expenditures, the Federal Reserve's preferred inflation gauge, ticked higher in June.
U.S. inflation increased in June as tariffs boosted prices for imported goods like household furniture and recreation ...
The PCE Price Index increased 0.28% in June. The June Personal Consumption Expenditures Price Index posted a ...
Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics reported Thursday in an update to the Federal Reserve’s preferred gauge.
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
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