Tag: Price Increases
June CPI Data to Show Tariff-Driven Price Bump
Inflation Seen Accelerating as Tariffs Start to Bite Investors are bracing for a noticeable uptick in U.S. inflation as the June Consumer Price Index (CPI) [more…]
US Manufacturing Sector Contracts Amid Tariff Impact
The US manufacturing sector continued to experience contraction in May, as economic activity remained sluggish, according to the latest report from the Institute for Supply [more…]
US Retail Spending Slows in April Amid Tariff Concerns
In a sign that consumer demand may be fraying around the edges, U.S. retail spending slowed sharply in April to just 0.1% after a surge [more…]
U.S. Economy’s Strength Challenges Expectations for Interest Rate Cuts in 2024
As 2024 dawned, consumers, investors, and economists alike harbored hopes of relief from the persistent inflation and higher borrowing costs that have burdened the U.S. [more…]
