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Inflation held steady in July as tariffs ripple through prices
New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Year-over-year, used vehicle prices rose by 4.8%, the seventh month in a row of year-over-year increases, and the biggest one ...
Investor's Business Daily on MSN3d
Core CPI Inflation Tops 3%, But It Won't Stop The Fed; S&P 500 Rises (Live Coverage)
Wall Street expected the impact of Trump tariffs to be a bit more mild in July, after CPI inflation data for June showed a ...
The reality is that consumer inflation (the kind regular schmoes like us feel) was pretty mild. Certain items are getting more expensive, like housing and meat, while others, like gasoline, have ...
The stock markets were unanimously pleased with the latest CPI inflation print. Check out my key takeaways from the latest ...
For most Americans, we just lived through the highest period of inflation in our lives. And we are reminded of this every time we go grocery shopping. All over TikTok, tons of people have posted ...
Data shows inflation held fairly steady in July, defying fears of a sharp tariff-driven spike in prices and good news for ...
Most inflation is likely transmitted through small businesses, and branches of large firms that behave like small businesses that have a lot of control over ...
"We expect core CPI to rise by 0.32%M in July (3.04%Y), up from 0.23%M in June," forecast Morgan Stanley. "Our base case ...
The core consumer price index, a key measure of inflation watched closely by the Federal Reserve, jumped to 3.1% in July, ...
Despite a gradual inflation uptrend, the data aligns with Fed projections, keeping a September rate cut in play as the most ...
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