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Inflation surged in June amid tariffs as Trump declared 'inflation is dead'
Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.
The reality is that consumer inflation (the kind regular schmoes like us feel) was pretty mild. Certain items are getting more expensive, like housing and meat, while others, like gasoline, have ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
Opinion
1don MSNOpinion
The Inflation Debate Is All Wrong. How Tariffs Could Lead to Interest Rate Cuts.
But this narrative is likely wrong: Import duties don’t automatically fuel broad inflation. Economists have missed a lesson from Trump’s first term: Tariffs aren’t just trade weapons. They are ...
6hon MSN
American consumers are getting nervous about inflation again. For now, they’re still spending
Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs.
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...
In California, a new report estimates that auto insurance rates could rise significantly in the second half of 2025 with a ...
The S&P 500 is looking more likely to face a correction, thanks to the risks from tariffs and low volatility in the market, ...
23hon MSN
Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Cautious Consumers Pull Back as Tariff-Driven Inflation Risks Rise Plus, why an interest rate cut in September is not a sure thing. Preston Caldwell and Ivanna Hampton Jul 31, 2025 ...
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