Trump, Inflation
Digest more
The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove otherwise.
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,
P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the Federal Reserve to cut interest rates immediately.
Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year
While U.S. inflation figures didn't surprise market watchers and investors, the fact that the downbeat expectations were realized still weighed on stocks.