June Inflation Likely Rises Amid Tariff-Driven Price Increases
TL;DR Summary
US inflation is expected to rise in June, driven by tariff-induced price increases in goods like electronics and furniture, potentially marking the start of a longer-term inflation trend influenced by new tariffs, while the Federal Reserve remains cautious about rate cuts.
- US inflation expected to rise in June with tariff-driven price hikes Reuters
- Inflation report Tuesday should provide clues on the impact tariffs are having on prices CNBC
- June inflation likely to have picked up, economists say The Washington Post
- Inflation report to arrive as Trump, Fed disagree over tariff risks ABC News - Breaking News, Latest News and Videos
- Fed's inflation fears may start to be realized with June CPI data Reuters
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