inflation, tariffs
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The June consumer price index will be the latest glimpse into whether tariffs are having an effect on consumer prices.
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Impact of tariffs on inflation & public media funding threatenedThe Pulse speaks with an economics professor about how tariffs are impacting inflation & the economy. Plus, the General Manager of WGVU discusses the impact funding cuts to the Corporation for Public Broadcasting could have in our state.
A fresh report on Tuesday marked two consecutive months of rising inflation. Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold and some retailers warned they may pass some of the tax burden onto shoppers.
Mark Zandi, chief economist of Moody’s Analytics, joins WSJ’s Take On the Week podcast to explain how recent politics is affecting the economy, recession fears and consumer sentiment.
After months of seeing very little inflation, US consumers probably experienced slightly faster price growth in June as companies started to pass along the higher cost of imported merchandise associated with tariffs.
A bare majority of economists polled by Reuters expect Bank Indonesia (BI) to cut interest rates on Wednesday, while a wider majority expects it will do so by the end of the quarter.