https://www.taxtmi.com/news?id=47820 A core inflation gauge rose in May, with headline and core inflation modestly above the central bank's benchmark while personal spending and incomes fell. The report notes limited pass through from recent tariff measures due to advance importing and firms absorbing costs, and it identifies implications for Federal Reserve policy deliberations amid one time Social Security adjustments and volatile durable goods spending. en-us Fri, 27 Jun 2025 19:16:03 +0530 Fri, 27 Jun 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47820 A core inflation gauge rose in May, with headline and core inflation modestly above the central bank's benchmark while personal spending and incomes fell. The report notes limited pass through from recent tariff measures due to advance importing and firms absorbing costs, and it identifies implications for Federal Reserve policy deliberations amid one time Social Security adjustments and volatile durable goods spending. News - Fri, 27 Jun 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=47820