Economists expect inflation continued rising as higher tariffs take effect. · a june report on the consumer price index should show a bump in the inflation rate, possibly due to the impact of president donald trumps tariffs. Bureau of labor statistics consumer price index report for june … · the federal reserve’s preferred inflation gauge ticked higher last month in a sign that president donald trump’s broad-based tariffs are starting to lift prices for many goods. · inflation rises, narrowing chances for a fed rate cut the latest report on inflation seems to validate the federal reserve’s decision to keep rates unchanged. ‘they are going up, we’ve seen that’ · if youre looking purely at the annual inflation data, the numbers us journalists, not to mention politicians and economists, tend to focus on, the answer might seem like: · the federal reserves preferred inflation measure — the personal consumption expenditures, or pce — ticked higher last month, signaling that president trumps tariffs are … Some forecasters expect … Core inflation beat expectations for another month. · inflation is staying level—for now—but the next wave of tariff-driven price increases is already in motion: · the annualized rate of inflation is below the year-earlier pace, showing that prices are right on track. · key inflation measure rose in june, adding to pressure on fed the price index was the latest indication that president trump’s tariffs are beginning to show up in consumer prices. · follow live coverage of the july consumer price index report, due out tuesday at 8:30 a. m. · a newly released report is showing inflation is on the rise, making prices higher across the board.