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U.S. wholesale prices rose 0.9% in July, the biggest gain in 3 years, as Trump’s tariffs drive up costs and signal higher ...
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Daily Times on MSNUS stocks dip after disappointing inflation data dents hopes for coming cuts to interest rates
Wall Street is edging back from its record heights on Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected.
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports ...
The bigger-than-expected jump in on US wholesale prices signalled tariffs are pushing up inflation. Read more at straitstimes ...
Peter Navarro, President Donald Trump’s top trade official and the architect of his massively unpopular trade war and sweeping tariff plans, admits that the majority of economists do not agree with ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
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