Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices.




A key measure of inflation posted the biggest increase in June in four months as the delayed effects of higher U.S. tariffs began to work their way through the economy, raising questions about whether the Federal Reserve will cut interest rates soon.



Source link

More From Author

Consumers Are Footing the Bill for AI’s Insatiable Appetite for Energy

10 stocks favored to gain up to 30% in a sector that has missed this year’s rally

Leave a Reply

Your email address will not be published. Required fields are marked *