inflation, producer prices
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6h
Inquirer Business on MSNUS consumer inflation accelerates as tariff effects creep inUS consumer inflation picked up in line with analyst expectations in June, government data showed Tuesday, with vehicle costs cooling over the month but increases seen in sectors exposed to President Donald Trump’s widening slate of tariffs.
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its interest rate cuts.
Economists’ anxiety about official U.S. inflation data is growing. One major issue: They don’t have the numbers they need to understand the scope of the problem.
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Agence France-Presse on MSNUS consumer inflation accelerates as tariff scrutiny growsUS consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as policymakers try to gauge how President Donald Trump's ever-growing list of tariffs is affecting the economy.