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On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend ...
June inflation hit 2.7% as tariffs bite. See why excess liquidity, new Fed pressure, and policy risks could fuel more ...
President Trump’s push for immediate rate cuts met resistance Tuesday as June’s inflation data supported the Federal Reserve’s patient stance, according to Benzinga. The Consumer Price Index rose 2.7% ...
Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
U.S. import prices rebounded marginally in June amid cheaper energy products, but higher costs for consumer goods were consistent with a tariff-driven increase in inflation.
U.S. consumer prices rose 0.3% in June, the sharpest increase since January, according to Reuters. The increase was driven by ...
The U.S. Bureau of Labor Statistics announced Wednesday that wholesale prices didn't change in June, making predictions of tariff-boosted inflation murky.
“The impact of tariffs is becoming more salient,” said Ernie Tedeschi, the director of economics at the Yale University Budget Lab, which has been closely watching Trump’s tariffs. “Apparel, which had ...
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price ...
Traders are paring bets on near-term rate cuts, and Treasury bond yields are edging higher, amid stubborn underlying ...
The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...
American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, ...