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The Trump tariffs aren’t causing U.S. prices to spike…

Pelican Press

By Pelican Press,
in World News

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Despite concerns earlier this year that President Trump’s tariffs would cause a renewed bout of inflation, the prices of goods and services across the U.S. have remained relatively stable. The personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge, rose 2.3% in May, modestly above the central bank’s 2% annual target. The May Consumer Price Index rose at an…

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