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A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.
Tariff revenues surged dramatically, yet so far, there’s been minimal impact on CPI or core goods inflation. Click here for ...
U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase ...
President Donald Trump has taken to routinely maligning Federal Reserve Chair Jerome Powell as "too late" because interest rates have been on hold at 4.25%-4.5% since he took office. The Bureau of ...
June’s CPI inflation report is expected to show a tariff-driven pickup in price increases as President Trump intensifies ...
Inflation cooled for the third straight month in April even after some of President Donald Trump's tariffs took effect, ... contributing to lower inflation, but that may have been driven by a ...
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep ...
When Trump raised tariffs in his first term, for example, the rate of inflation didn't begin to rise sharply until about four months after they took effect. Most of Trump's new tariffs have only ...
U.S. inflation reached its highest level since February in June, with consumer prices rising 2.7% from a year earlier, in ...
The effect of tariffs is to push prices up, but not to sustain higher inflation. ... In this regard, the tariffs will be easier to pass on to customers than vague inflation-driven cost increases.
Step into Lighthouse Coffee Shop on Lee Dr., and you’ll find students, old friends, baristas, and the aroma of roasting ...
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering ...