Morning Bid: Tariff imprint in US consumer price data ReutersU.S. Inflation Accelerated in June as Trump's Tariffs Pushed Up Prices The New York TimesTrump's trade war begins to show up in inflation data AxiosWhy the June CPI Isn't a Gamechanger for the Fed The Wall Street JournalHere's the inflation breakd
Port of LA executive director: Shipping spike is sign Trump's tariffs sparking stockpiling FortuneTARIFF ‘WHIPSAW EFFECT' BOOSTS JUNE CARGO TO NEW RECORD AT PORT OF LOS ANGELES Port of Los AngelesPort of LA imports LAistPort of Los Angeles sees record container traffic as shippers race to beat Trump's tariff deadlines CNBC
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
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.
Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren't paying sharply higher prices because of U.S. trade wars. Here are four things we learned from the latest consumer-price index report.