US Inflation data: Consumer prices jump to 2.7% in June; Fed rate cut in doubt as Donald Trump faces pressure
Tuesday, 15 July 2025 () U.S. inflation climbed to 2.7% in June, marking the highest level since February, driven by rising costs for gas, food, and groceries. This increase reverses months of cooling inflation and exceeds May's 2.4% rise. The inflation spike presents a political challenge and may deter the Federal Reserve from cutting interest rates.
A 'Mornings with Maria' panel discusses a new report from the Council of Economic Advisors showing import prices falling since President Donald Trump's second term,..
During a heated House hearing, Rep. Madeleine Dean confronted Commerce Secretary Howard Lutnick over the ripple effects of President Trump’s tariff plan. Dean spotlighted rising banana prices at..
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy Upworthy Also reported by •Invezz
Tuesday, 15 July 2025 ()
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