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The Trump Tariff Inflation Is Here. But Don’t Panic — Yet.
“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 seen cool inflation the last 2 months, grew 0.4% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%.”
The U.S. Bureau of Labor Statistics announced Wednesday that wholesale prices didn't change in June, making predictions of tariff-boosted inflation murky.
10hon MSN
Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, joins 'Squawk Box' to ...
A fresh report on Tuesday marked two consecutive months of rising inflation. Consumer prices rose 2.7% in June compared to a ...
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow ...
Investor's Business Daily on MSN1d
CPI Shows Inflation Modest Impact From Trump Tariffs; S&P 500 Futures Rally (Live Coverage)The consumer price index for June show that Trump tariffs began to nudge inflation only modestly higher last month.
Walmart, Mitsubishi, and Nike are raising prices, citing Trump’s tariffs as inflation climbs—highlighting the trade war’s ...
But while the underlying narrative remains that there will be a negative impact on the economy going forward, there is some ...
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining ...
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