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inflation, Trump Tariff

The tariff-driven inflation that economists feared begins to emerge

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.

Al Jazeera on MSN · 1d

US inflation from tariffs that economists feared begins to emerge

Excluding the volatile food and energy categories, core inflation increased 2.9 percent in June from a year earlier, up from 2.8 percent in May. On a monthly basis, it picked up 0.2 percent from May to June. Economists closely watch core prices because they typically provide a better sense of where inflation is headed.

U.S. News & World Report · 5h

The Trump Tariff Inflation Is Here. But Don’t Panic — Yet.

Apparel, which had seen cool inflation the last 2 months, grew 0.4% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%.” Justin Wolfers, a University of Michigan business school professor who is relentless about criticizing Trump’s policies,

Inflation, Federal Reserve and Interest Rates

Investopedia on MSN · 1d

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30. Tuesday's report on inflation brought the chances of that down even further.

MarketWatch on MSN · 1d

Inflation shows biggest rise in 5 months. CPI dims slim chance of Fed rate cut in July.

Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting interest rates soon, but there only scattered signs of tariff-related inflation.

Barron's · 1d

Fed Seen Cutting Rates in September. Inflation Data Could Change That.

It’s not just investors who will be closely watching the latest inflation data Tuesday. Federal Reserve officials will also be poring over the details. Traders are currently pricing in two quarter-point rate cuts by the end of the year,

8hon MSN

Map Shows Cities Hit by the Highest—And Lowest—Inflation

WalletHub highlighted which cities experienced the most significant increase in inflation in both the short and long term.

16h

UK inflation unexpectedly jumps to 3.6% as food prices rise again

The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

Reading Eagle7dOpinion

Tariffs more likely to produce slowdown than inflation [opinion]

A Lehigh University professor says the key to better economic times is U.S. businesses working to become more competitive.

6hon MSN

Economy rebounds from trade-war lows, Fed finds, but hiring is weak and inflation is likely to rise

A sluggish U.S. economy grew slightly faster in the past month after trade wars eased, but companies were hesitant to hire and many began to partially raise prices to offset higher tariffs, according ...

The Washington Informer1d

Inflation Sustains Pressure on DMV Households

The United States' inflation rate remains above the Federal Reserve's target, with housing and tax burdens particularly ...

12hon MSN

Bank of England 'should continue' to cut interest rates as inflation warning issued

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...

2don MSN

Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts

Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...

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