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July's inflation data shows a rise in core CPI, linked to Trump's tariffs. Businesses passed costs to consumers, impacting the economy and the Federal Reserve's interest rate decisions.
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TariffsΒ and TradeTariff TrackerTimelineChina Tariff TruceA Force of Diplomacy?Small Businesses PrepareIndirect ShipmentsAdvertisementSKIP ADVERTISEMENTYou have been granted access, use your keyboard to continue reading.Supported bySKIP ADVERTISEMENTKey Inflation Gauge Sped Up in July as Companies Grappled With TariffsJulyβs Consumer Price Index report showed an acceleration in βcoreβ prices that strip out volatile food and energy items.Listen to this article Β· 8:27 min Learn moreShare full article A chart showing inflation, which was up 2.7 percent for a year through July, and inflation that excludes energy and food prices, which was up 3.1 percent. + 10 % Inflation + 8 + 6 +3.1% excluding food and energy + 4 +2.7% in July + 2 0 β 2 β05 β10 β15 β20 β25 + 14 % + 12 Inflation + 10 + 8 + 6 +3.1% excluding food and energy + 4 +2.7% in July + 2 0 β 2 1965 β70 β75 β80 β85 β90 β95 2000 β15 β20 β25 β05 β10 + 14 % + 12 Inflation + 10 + 8 + 6 +3.1% excluding food and energy + 4 +2.7% in July...
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