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Latest Government Data Show Trump’s Tariffs Are Not the Cause of Inflation
Categorial price data also suggest inflation is not being caused by Trump’s tariffs. For example, CPI prices for clothing and other apparel declined in June compared to one year earlier, even though 97% of apparel sold in the United States comes from overseas and is thus more likely than other kinds of products to be impacted by tariffs.
First, are tariffs higher? It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff ...
The pace of central bank rate cuts is slowing as early movers near the end of their easing cycles while sticky inflation ...
Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
Tariff revenues surged dramatically, yet so far, there’s been minimal impact on CPI or core goods inflation. Click here for ...
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of ...
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
3don MSN
Tariffs may lower medium-term inflation risks, curb spending, says New Zealand central banker
A top New Zealand central banker said on Thursday that while the full impact of U.S. tariffs remains uncertain, they could ...
With Donald Trump's punitive tariffs against Brazil poised to take effect within days, Latin America's largest economy is bracing for a virtual embargo on its planes, grains, and crude oil.
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