Inflation eased to 4-year low
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US, Dollar and Inflation
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It's normal for some prices to rise at a much faster pace than overall inflation, said Omar Sharif, founder and president of research firm Inflation Insights. The impact, he added, depends on the role such items play in a given person's finances.
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Don’t get used to the decline in the U.S. rate of inflation to a four-year low. Inflation will probably rise, at least temporarily, even after the Trump administration reduced high tariffs.
Cooling inflation could shift gold prices — but other factors may have more of an impact right now. Here's why.
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.
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Rising rent prices were a major factor pushing up consumer prices in April. While they’re expected to come down in the months ahead as the U.S. economy slows, the path ahead will be bumpy, according to data from real-estate companies.
Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.
Federal Reserve Vice Chair Philip Jefferson said tariffs and related uncertainty could slow growth and boost inflation this year, but monetary policy is well positioned to respond as needed.
The improvement in inflation comes as President Donald Trump secures a couple of important trade deals. Consumer prices rose less than expected in April, with the pace of annual inflation falling to its lowest level since early 2021, the Bureau of Labor Statistics reported on Tuesday.
Argentina's monthly inflation rate slowed down to 2.8% in April, below analysts' average estimate of 3.1%, data from national statistics agency INDEC showed on Wednesday.
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FOX 5 New York on MSNNew Yorkers to get $2B in inflation refund checksNew legislation signed by New York Governor Kathy Hochul includes sending inflation refund checks to over 8 million New Yorkers.
USHY remains sensitive to overall YTM changes with 3-year duration. Click here to read more about USHY ETF and why it is a Hold.