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Those tariffs, and rising inflation, could prompt the Federal Reserve to lower interest rates. The "core" inflation rate, which excludes food and energy prices, was 2.9% in the 12 months through June.
Food prices and rent expected to push inflation up to 3% Busisiwe Nkonki and Isaac Matshego, economists at the Nedbank Group Economic Unit, also expect inflation to increase to 3%.
British grocery price inflation rose to 5.2% for the four weeks to July 13, its highest level since January last year, according to data from market researcher Worldpanel by Numerator, adding to ...
Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.
Key takeaways Inflation accelerated in June, reaching its highest level since February, with consumer prices rising by 2.7% annually.
New Zealand's annual consumer inflation accelerated in the second quarter but was below economists' forecasts, leading markets to narrow the odds on a rate cut next month given weakness in the ...
The average American family will pay about $2,500 more this year because of tariffs. But unlike inflation, your wages won't rise to compensate. That's because tariffs work differently than ...
Bank of Canada says inflation expectations among businesses are easing as weak demand and competition keeps companies from passing on tariff cost hikes to customers.
How have prices changed under Trump? Experts explain. Inflation is hovering near its lowest level since 2021.
Over three in five (61%) of Gen Z consumers prefer to use social media for product discovery over traditional retail, according to research from Dentsu. While the received wisdom tends to be that ...
These liquidators sell deeply discounted goods that other retailers have discarded. The market is growing, but so are the risks.