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Fed's inflation fears start to be realized with June CPI increase ReutersInflation picks up again in June, rising at 2.7% annual rate CNBCTariffs Begin to Leave an Imprint on the Economy The New York TimesTrump's trade war begins to show up in inflation data AxiosPowell's Caution on Tariff-Driv
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President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it's too soon to declare that all's well.
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The Labor Department's consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That's up from a 2.4 percent pace in May.
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