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The consumer price index for June show that Trump tariffs began to nudge inflation only modestly higher last month.
Consumer prices rose faster than​ in May, a potential sign that companies are starting to pass tariff costs on to consumers.
Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics ...
Photo: Alamy President Donald Trump on Monday threatened Russian President Vladimir Putin with new economic penalties if Moscow does not agree to a peace deal within 50 days, while also announcing a ...
Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
Over the last decade, prices have generally increased at a rate of 3.5% per year. Over the last 20 years, consumer inflation ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
China condemns "coercion" by the United States after President Donald Trump threatened "very severe" tariffs against Moscow's remaining trade partners if it doesn't resolve its war in Ukraine within ...
Consumer prices rose at a quicker rate in June, breaking a months-long streak of cooling inflation, the Labor Department said ...