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German inflation eased to 2% this month, matching the European Central Bank's goal for the first time in almost a year. The data suggests that the ECB is unlikely to alter its view that the target ...
According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.4% year-over-year, up from 2.3% in April but lower than the expected 2.5% growth.
The Consumer Price Index rose 2.4% in May from a year earlier, according to the Bureau of Labor Statistics.
The inflation rate is inching higher, with Wall Street expecting tariffs to increase prices throughout the remainder of 2025.
Euro-area inflation eased more than expected, dipping below the European Central Bank’s 2% target and supporting the case for interest rates to be lowered further.
The Personal Consumption Expenditures price index for April rose 2.1% on an annual basis, closer to the Fed’s target inflation rate of 2%.
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge.
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.
Inflation fell by a tenth of a percentage point to 2.3% for the year ending in April, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index.
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.
Inflation in March slowed more than expected again to 2.4% year-over-year, from 2.8% in February. The report reflects price data from before President Donald Trump's latest round of tariffs.
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
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