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Calm before storm? Import inflation is low now, but Trump tariffs pose fresh threat
The rate of inflation, based on the consumer price index, climbed to 2.4% in 2018 from 2.1% in 2017. The rate of inflation then settled back down to 1.8% in 2019, partly because Trump eased ...
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Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The yearly rate of inflation could also creep up to 2.3% from 2.1%, putting the Fed a little further away from its 2% target. The report comes out Wednesday at 10 a.m. Eastern instead of 8:30 a.m ...