Jun. inflation likely to have picked up, economists say
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24/7 Wall St. on MSN1 in 5 Americans Are Stockpiling Due to Inflation Concerns. Should You?Inflation continues to shape how Americans shop, save, and spend. Even as overall prices cool slightly, everyday essentials remain costly. That reality is pushing more people to prepare for the future by stockpiling goods—just in case.
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Explícame on MSNWhy Haven't We Noticed the Price Increase Due to Trump's Tariffs Until Now?The impact of Trump's tariffs on consumer prices has been delayed, but recent data shows a shift. Discover how inventory strategies and economic factors initially masked these effects, and why June marked a turning point.
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment,
It's a trove of information for portfolio managers and macro-watchers to gauge, and trade policy news headlines are likely to continue breaking. On July 9, President Trump announced a surprise 50% levy on copper imports, followed by a steep 50% duty on Brazil. 1 Together, it put the materials sector in focus.
21hon MSN
US inflation rose to 2.7% in June, its highest since February, driven partly by President Trump’s sweeping tariffs on imports. The spike is pushing up prices on essentials like appliances and clothing.
Still, US inflation climbed from 2.4% to 2.7%, and it is expected to rise further into the end of the year. Inflation hedges such as gold and bitcoin have rallied, and the US dollar is also strengthening on expectations of a cautious Fed cutting cycle.
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.
6don MSN
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to consumers via higher prices.
Gold rose ahead of key U.S. inflation data due later that is expected to provide further clues on the path of Fed interest rates.