US Edition
5 Things to Know About the Latest Inflation Report
UNITED STATES, JUL 15 – Tariffs imposed by President Trump have raised consumer prices on goods like furniture and appliances, contributing to a 0.3% monthly increase and a 2.7% annual inflation rise in June, officials said.
- In June, the inflation rate climbed, with consumer prices picking up 0.3% last month, Reuters reported.
- Earlier this month, tariffs were set, and President Donald Trump announced new tariffs starting August 1, 2025, highlighting ongoing trade policy measures.
- According to the Bureau of Labor Statistics, consumer prices rose 0.3% last month, and core CPI excluding food and energy increased 0.2% in June.
- The CME FedWatch Tool indicated a 95% chance of unchanged rates, while stock futures moved higher after the report.
- The Federal Reserve is set to meet July 29-30, and the next Federal Open Market Committee meeting is scheduled for July 29-30, as the central bank prepares for potential policy moves.
266 Articles
266 Articles
Latest inflation numbers show prices for things like apparel, toys and furniture have risen, while new cars and oil have stayed low
Wheeling, W.Va. (WTRF-TV) The latest inflation numbers are in for the month of June, and they reveal increasing prices due to tariffs. Prices for things like apparel, toys and furniture have risen, while new cars and oil have stayed low. Overall, the consumer price index rose to 2.7% in June, after posting 2.4% for May. Jason Haswell, Managing Director of the Monteverde Group, says major retailers, like Walmart and Target, have tried to eat som…
The market’s been wrong on the Fed for three straight years — this Deutsche Bank strategist says it’s now looking like four.
Deutsche Bank strategist Henry Allen said for the fourth straight year, markets are complacent over inflation, but tariffs are making that a dangerous viewpoint right now. Article Attribution | Read More at Article Source The post The market’s been wrong on the Fed for three straight years — this Deutsche Bank strategist says it’s now looking like four. appeared first on RocketNews.
‘Who Do You Work For?’ Trump Interrogates Reporter Who Confronted Him Over Inflation
President Donald Trump interrogated a reporter who confronted him about the potential inflationary effects of his policies, asking him “Who do you work for?” The Bureau of Labor Statistics published its CPI (Consumer Price Index) report on Tuesday morning, which showed worse-than-expected numbers that experts attribute partially to Trump’s tariff policies: The Consumer Price Index increased at an annual rate of 2.7 percent, after rising 2.4 perc…
2 teens stabbed, 1 seriously, feet from popular annual Long Island carnival
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that President Donald Trump was moving closer to firing Jerome Powell from his post as Federal Reserve chairman, knocking down the S&P 500. The benchmark rebounded somewhat as Trump later denied the report, but traders still fear he could follow through. The S&P 500 was last down 0.1% after losing as much as 0.6% earlier in the session. The Nasdaq Composite tr…
Consumer prices in the United States rose 0.3% in June, the highest monthly increase since January.
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