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Inflation held firm in July amid Trump tariff push
Consumer prices rose 0.2 percent in July, according to data released Tuesday by the Bureau of Labor Statistics (BLS), as the economy braces for the full imposition of President Trump’s tariffs. The latest reading of the consumer price index (CPI) showed monthly and annual inflation plateauing as declining gasoline prices wiped out increases in
Wall Street's main indexes advanced on Tuesday, with the S&P 500 and the Nasdaq hitting record highs, as news that July ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
The inflation rate stayed at 2.7% in July after it climbed more than expected in June.
The July Consumer Price Index rose 0.2% for the month and 2.7% year over year, with core inflation up 3.1%. On Morning Joe, ...
Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer ...
Inflation is slowly rising, but not surging out of control. That should provide some flexibility for Fed officials to cut ...
Consumer prices were up 2.7% in July from a year earlier, unchanged from June’s gain ...
Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, ...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
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