Inflation, June
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On Tuesday, July 15, the BLS will release the June Consumer Price Index report, providing critical insights into how tariffs are impacting prices for shoppe
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment,
A fresh report on Tuesday marked two consecutive months of rising inflation. Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold and some retailers warned they may pass some of the tax burden onto shoppers.
RBA rate cut fears and slowing Aussie jobs data weigh on AUD/USD, with China’s trade outlook and Fed policy in sharp market focus.
Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.
June inflation slowed, the core rate below forecasts. Stocks and bonds saw modest rallies. Click here for a full breakdown of the June report.
June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data.
“While any tariff induced boost to inflation is likely to be short-lived, with higher tariffs being announced it would be wise for the Fed to remain on the sidelines for a few more months at least,” said Seema Shah, chief global strategist at Principal Asset Management.
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A State Bank of India report forecasts record-low retail inflation in India by July 2025, projecting FY26 CPI inflation between 3.0% and 3.2%, signifi