The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices ...

The US also releases the core Personal Consumption Expenditure (core PCE) at the same time. It is the Fed's preferred gauge of inflation. Through higher interest rates, the central bank lowered ...

U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices ...

Economists track core ... the United States’ third-largest trading partner, now faces a 145% duty on its exports. The inflation-fighters at the Federal Reserve target a 2% inflation rate and ...

Asia Market Update: Economic soft v hard data debate heats up amid slew of macro data releases; Focus on EU + US Q1 GDP, US Mar Core PCE ... annual trimmed mean inflation rate since Dec 2021 ...

[SYDNEY] Core inflation ... a quarter-point rate cut from the Reserve Bank of Australia on May 20 given the darkening outlook for global growth caused largely by US tariffs, even as a ...

Australia’s headline inflation rate held steady ... of the erratic US economic policies on the global economy. After the CPI release, Treasurer Jim Chalmers noted core inflation was at a three ...

SYDNEY (Reuters) -Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation slowed to a three-year low, highlighting the decline ...

The US economy contracted ... effective tariff rate to its highest level in more than a century. Economists and the Federal Reserve have been anticipating tariffs to push inflation higher and ...

U.S. GDP Contracts 0.3% in Q1 as Tariff Fears Drive Record Import SurgeWed, 30 Apr 2025 12:46:13 GMT April ADP Jobs Report Misses Forecasts with Just 62K Private Jobs AddedWed, 30 Apr 2025 12:47: ...