U.S. Spending Slows Even as Tariffs yet to Show Impacts so Far - National

U.S. spending slows even as tariffs yet to show impacts so far - National

The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022.

U.S. spending slows even as tariffs yet to show impacts so far - National #News #Canadian #CDN #Canada

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods. Friday’s report from the Commerce Department showed that consumer prices rose just 2.1 per cent in April compared with a year earlier, down from 2.3 per cent in March and the lowest since September. Exclud…

Inflation gauge improves - The Iola Register

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped. WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods. Friday’s report from the Commerce De…

U.S. spending slows even as tariffs yet to show impacts so far – EMEA Tribune – Latest News – Breaking News – World News

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite […] Source