Fed, June and tariff
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Consumer prices in the New York area, including Long Island, rose at a faster pace in June than in May, driven in part by higher costs for child care, housing and groceries, such as meat and eggs.
Leading economists react to June’s Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and growing tariff-related pressures.
On Tuesday, July 15, the BLS will release the June Consumer Price Index report, providing critical insights into how tariffs are impacting prices for shoppe
Stocks closed mostly lower Tuesday as inventors digested important inflation data in the U.S., as well as big bank earnings from JPMorgan.
June’s U.S. CPI print showed that there is evidence of inflation pressures in the product categories that are most exposed to tariffs, according to Arch Capital's Parker Ross.
Bitcoin price wavers after today’s CPI print shows sticky inflation rising. Will a reclaim of $120,000 happen before the weekend?
Initial early gains following the June data were reversed as pass-through effects from tariffs stoke concerns.
The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is still to come, according to economists.