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Where’s the Inflation From Tariffs? Just Wait, Economists Say.
But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer prices — showed the early imprint of tariffs. Goods most exposed to the levies, like furniture and audio equipment, became more expensive.
Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public sentiment may be overreacting to tariff headlines.
The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...
Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Forecasters say underlying US inflation likely picked up in May, reflecting a modest impact from tariff pass-through for ...
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
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