Trump, Inflation and Consumer Price Index
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Japan's core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as food inflation showed signs of easing. The figure — which strips out costs for fresh food — was in line with the 3.3% expected by economists polled by Reuters.
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Cryptopolitan on MSNJapan’s core inflation eases to 3.3% in JuneJapan’s core inflation rate fell to 3.3% in June, offering some relief after hitting a 29-month high. The core inflation figure excludes fresh food, which fluctuates more due to weather and supply conditions.
Consumer prices rose at a quicker rate in June, breaking a months-long streak of cooling inflation, the Labor Department said on Tuesday. Why it matters: The data will likely concern economic policymakers,
Inflation jumped last month hitting its highest mark in months amid Trump’s tariffs threat - Inflation rose 0.3 percentage points in the last month and 2.7 percent in the past year
President Donald Trump's repeated calls for aggressive rate cuts collided with economic reality Tuesday, as June's rising inflation dynamics offered a win—at least temporarily—for Federal Reserve Chair Jerome Powell's cautious stance.