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As inflation ticks up, Trump announces trade deal with Indonesia, 19% tariff
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a social media post.
Trump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over 10 years
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
The tariff-driven inflation that economists feared begins to emerge
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
More Tariff Shock To Come? June Inflation Numbers Reveal Alarming Trend | What's Moving Your Money
On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend of upwards inflation—and warns that President Trump's tariffs, which haven't even been fully implemented to their full threatened extent,
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty from tariff hikes.
Inflation Expected to Creep Up in Latest Consumer Price Index as Trump Continues the Pressure on the Fed
The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.
Bloomberg Surveillance: Inflation and Tariffs
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
June CPI Report: What to Expect From Tuesday's Inflation Report
Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET Tuesday.
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