Inflation surged in Jun. amid tariffs
Digest more
2hon MSN
Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren’t paying sharply higher prices because of U.S. trade wars. Here’s four things we learned from the latest consumer price index.
Consumer prices rose faster than in May, with increases in furniture, clothing and other tariff-sensitive items.
US stocks turned mixed after June inflation data. Investors now turn to earnings. Nvidia jumps on hopes for China chip sales, lifting Nasdaq to record
Barry Knapp, Ironsides Macroeconomics director of research, joins 'The Exchange' to discuss the CPI report and the pressure on Fed to cut rates.
Explore more
Albertsons shares falls as the gross margin rate drops to the lowest rate in five years, as the company tried to keep prices down despite rising costs.
Markets aren’t acting like this is a reality, however. Benchmark 2-year U.S. Treasury note yields rose just two basis points following the inflation release, to 3.946%, and 10-year paper is holding at 4.475%. Stocks are also trading at the highest levels on record.
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,
The U.S. bond market was in the process of selling off on Tuesday in a manner that tends to spell fresh trouble for many stock investors.