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U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has threatened against the European Union and a host of other countries in recent days are imposed on Aug. 1 as planned.
Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting ...
Inflation is speeding up after a period of cooling down earlier this year.
Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
Treasuries were mostly steady after Tuesday’s mixed inflation report for June largely matched economists’ expectations and ...
The Federal Reserve looks to be in the clear to cut rates in September, given easing inflation data from the shelter component of June's CPI, according to Tani Fukui, senior director of global ...
A busy week ahead for investors will see inflation data, the debate about the Fed's next move, and the start of second ...
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