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U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has threatened against the European Union and a host of other countries in recent days are imposed on Aug. 1 as planned.
Consumer prices rose faster than in May, a potential sign that companies are starting to pass tariff costs on to consumers.
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, ...
Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles ...
Wall Street braces for June CPI data, as economists warn of hotter inflation driven by tariffs. A surprise print could jolt ...
Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten ...
Bank earnings, inflation, and new crypto regulation are some of the things on the investors' radar this week.
The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.
Japan's June core inflation likely slowed but remained above the central bank's 2% target, a Reuters poll showed, keeping it ...
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