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Inflation ticked slightly higher in May amid Trump tariffs

Wednesday, June 11 by ABC News

(WASHINGTON) -- The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations.The report amounted to the latest test for President Donald Trump's tariffs as some retailers and economists warn the policy will raise prices.So... Read More.

Inflation expected to have ticked higher in May amid Trump tariffs

Wednesday, June 11 by ABC News

(WASHINGTON) -- A fresh inflation report to be released on Wednesday will provide the latest test for President Donald Trump's tariffs as some retailers and economists warn the policy will raise prices.So far, the economy has defied fears of price hikes, instead giving way... Read More.

Inflation is dropping but these prices are still soaring

Thursday, May 15 by ABC News

(NEW YORK) -- Inflation cooled in the aftermath of President Donald Trump's "Liberation Day" levies last month, dropping to a four-year low and defying fears of tariff-driven price hikes, government data this week showed.Even egg prices -- a symbol of rising costs -- fell... Read More.

Inflation data to reveal impacts of Trumps Liberation Day tariffs

Tuesday, May 13 by ABC News

(WASHINGTON) -- This week's inflation report will offer a first look at how President Donald Trump's "Liberation Day" tariff announcement has impacted pricing across the United States.Trump's tariff escalation, announced April 2, set off fears among economists and consumers about a possible burst of... Read More.

Nearly two-thirds of Americans disapprove of Trump tariffs, with inflation a broad concern: POLL

Friday, April 25 by ABC News

(WASHINGTON) -- Seven in 10 Americans think President Donald Trump's tariffs on international trade will drive up U.S. inflation, outweighing hopes that they'll boost manufacturing employment and fueling a 64% disapproval rate of how he's handling the issue.Even nearly half of Republicans -- 47%... Read More.

Trumps tariffs still risk inflation and recession as China trade war looms, experts say

Thursday, April 10 by ABC News

(WASHINGTON) -- President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock market rally on Wednesday, but the levies that remain in place are still expected to hike prices and put the U.S. at risk of a recession,... Read More.

Inflation cooled but egg prices soared in March, before Trumps tariff escalation

Thursday, April 10 by ABC News

(NEW YORK) -- Consumer prices rose 2.4% in March compared to a year ago, marking a cooldown during a period that preceded the recession warnings and market turmoil following President Donald Trump's recent escalation of tariffs. The reading came in lower than economists expected.Even... Read More.

Fed Chair Powell says he expects Trumps tariffs will hike inflation and slow growth

Friday, April 4 by ABC News

(WASHINGTON) -- Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump's tariff policy will hike prices and slow economic growth, while noting that key indicators "still show a solid economy."Policy changes implemented by the White House have contributed to a "highly uncertain... Read More.

Inflation held steady in February, according to Feds preferred gauge

Friday, March 28 by ABC News

(NEW YORK) -- Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve's preferred gauge of price increases.The reading matched economists' expectations.Consumer prices climbed 2.5% in February compared to a year ago, registering at a level... Read More.

Inflation cools in first full month of Trump term but egg prices soar

Wednesday, March 12 by ABC News

(NEW YORK) -- Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected.The major... Read More.

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