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Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the ...
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
March was the best month for consumer prices in nearly five years, as falling gas prices helped out household budgets despite increases for other necessities. However, the report showed data from ...