U.S. Inflation at 2.3% – Lowest Since Early 2021
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Key Entities
- • U.S. Labor Department: Federal agency that compiles the Consumer Price Index and tracks inflation trends.
- • Federal Reserve (Chair Jerome Powell): Central bank of the U.S.; sets monetary policy and influences interest rates.
- • President Donald Trump’s Administration: Current U.S. administration, recently introduced and then paused certain import tariffs.
- • U.S. consumers: Households and individuals whose daily costs are impacted by inflation and policy changes.
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