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The Federal Reserve Bank of Minneapolis is pursuing an economy that works for all of us. Serving Montana, North and South Dakota, Minnesota, Wisconsin and the Upper Peninsula of Michigan.
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- Aug 24, 2026earliest in window
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Initially delayed, the pass-through of tariffs to consumer prices has arrived | Federal Reserve Bank of Minneapolis
2+ week, 2+ day ago (424+ words) Core PCE inflation through July is up 3.3 percent year over year—the highest level since 2023, and outside...This is driven by a handful of heavily tariffed categories that are showing greater excess inflation,...In the category of clothing and footwear,…...