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Inflation holds steady, but Trump’s tariffs are boosting some prices
Falling gas prices helped keep overall inflation tame in July; however, a broader array of products got even more expensive last month, showing that President Donald Trump’s expansive tariffs are being passed along to consumers.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be ...
Opinion
New York Magazine on MSN3hOpinion
Trump’s Inflation Promises May Finally Be Catching Up to Him
If tariff-driven inflation is truly arriving, already low estimations of Trump’s handling of prices could really plunge.
24/7 Wall St. on MSN11h
Inflation Is Back, Time to Worry
The Producer Price Index surged in July, in part due to tariffs. Consumers could face sharp inflation again toward the end of ...
1don MSN
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
The US path to a much anticipated rate cut was well-drawn, particularly after Tuesday's CPI report coming along the Fed's ...
The U.S. stock market on Tuesday rose toward records after data suggested inflation in July was a touch better than ...
Residents of New York, Georgia and Alaska may experience welcomed déjà vu in coming months as inflation relief checks arrive, ...
San Diego’s inflation rate was 4% in July — fueled primarily by rising prices for food, medical care and cars — making it ...
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