Inflation Flared
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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,
The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year.
Progress in bringing down the rate of inflation has halted, at least for now. But even with June’s boost in price growth, economists expect the full effects of higher tariffs to push inflation even higher in the coming months.
Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on Tuesday. The consumer price index was at 1.
Wall Street braces for June CPI data, as economists warn of hotter inflation driven by tariffs. A surprise print could jolt markets.
Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India's economy rose by a faster-than-expected 7.4% in the quarter ended March.
Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles and clothing and footwear pushed the index higher, data showed on Tuesday.
Bank earnings, inflation, and new crypto regulation are some of the things on the investors' radar this week.