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Before yesterdayMain stream

PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo

30 May 2025 at 21:04
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

© Gabriela Bhaskar/The New York Times

Economists have warned of a possible surge in consumer prices stemming from President Trump’s trade war.
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