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June inflation data reaffirms Fed pause as tariff uncertainty grows

Upworthy Tuesday, 15 July 2025 ()
June's Consumer Price Index (CPI) report likely gives the Federal Reserve room to continue its wait-and-see approach to cutting rates amid uncertainty over how President Trump's tariffs will impact inflation. On a "core" basis, which excludes volatile food and energy costs, CPI increased 0.2% from…
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