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Inflation slowed in March — but that was before trade wars threatened to raise prices

The numbers: The cost of U.S. goods and services was flat in March and put the Federal Reserve closer to its 2% inflation target, but tariffs and trade wars threaten to undo the latest progress. The ...
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U.S. economy slowed in March and prices rose even before ‘liberation day’ tariffs, ISM finds

The service side of the U.S. economy, known as its engine, grew in March at its slowest pace in nine months, reflecting government spending cuts and uncertainty among businesses spawned by U.S.