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
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.