inflation, prices and tariffs
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Prepare for the 'year of tariffs' in 2025. Learn how escalating trade barriers and negotiations could impact markets and your investment strategies.
A subdued June inflation print means a September Fed rate cut remains possible; we see higher inflation numbers ahead
Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% in May.
Prices of toys, car parts and major appliances jumped in the US last month, but the overall impact of Donald Trump's new tariffs on consumers remained relatively muted. Prices were up 2.4% in May compared with a year ago, up from a rate of 2.3% in April, the latest official inflation figures showed.
WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes…