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- Claim Text
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Wells Fargo expects that the overall CPI could peak at 2.9% later this year (in part because of the further disinflationary effects from the services side).
- Simplified Text
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Wells Fargo expects overall CPI could peak at 2.9% later this year
- Confidence Score
- 0.800
- Claim Maker
- Wells Fargo
- Context Type
- News Article
- Context Details
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{ "statistic": "2.9%", "organization": "Wells Fargo" } - UUID
- a11643e7-6947-41fe-847c-5237e165e415
- Vector Index
- ✗ No vector
- Created
- February 15, 2026 at 3:40 PM (1 month ago)
- Last Updated
- February 15, 2026 at 3:40 PM (1 month ago)
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1 month ago
https://www.cnn.com/2025/07/10/economy/tariffs-higher-prices-inflation
Economists warn that President Trump's tariffs will lead to higher consumer prices, despite current muted inflation data. Rising goods prices are already evident in tariff-sensitive categories like appliances and toys. Experts predict further price increases and potential shrinkflation.
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