inflation, June and tariff
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Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.
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.
U.S. inflation accelerated in June as the president's tariffs hit the economy and drove prices higher across multiple sectors. Natasha Sarin, Justin Wolfers, and Jon Allen discuss on The 11th Hour.
The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is still to come,
US inflation rose again in June to its highest level in four months, as President Donald Trump’s tariffs began driving up consumer prices.
The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.
Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year
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Axios on MSNInflation heats up in June amid fears of Trump trade war effectsConsumer prices rose at a quicker rate in June, breaking a months-long streak of cooling inflation, the Labor Department said on Tuesday. Why it matters: The data will likely concern economic policymakers,
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its interest rate cuts.
Here are five key takeaways from the June consumer price index report, released Tuesday. Click here for our TOPLive blog: