Page 2 - Us Inflation

US inflation likely worsened last month as Trump's tariffs start to bite

Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast. Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet. The Labour Department will issue its inflation report at 8:30 a.m. eastern. On a monthly basis, prices likely rose 0.3% from May to June, the largest increase since January, economists project. Worsening inflation could pose a political challenge for President Donald Trump, who promised during last year's presidential campaign to immediately lower costs. The sharp inflation spike of 2022-2023 was the worst in four decades and soured most Americans on former president Joe Biden's handling of the economy. Faster price increases would also likely underscore the Federal Reserve's reluctance to cut its short-term interest rate, as Trump is loudly demanding. Excluding the volatil

Rate cuts can wait as Fed monitors inflation from tariffs, says Powell

In his prepared testimony Powell said the economy remains in a "solid position," with low unemployment and inflation far below its pandemic-era peak

'Someone has to pay': Fed chair warns on tariffs as inflation risks grow

Despite holding rates, Fed eyes inflation risks from tariffs; Jerome Powell says price hikes likely as retailers pass costs to consumers over summer

Stock Market close highlights: Sensex crashes 823 pts, Nifty below 24,900; all sectors settle in red

Sensex Today | Stock Market close, Thursday, June 12, 2025: The Nifty Midcap100 and Nifty Smallcap100 index settled in red, down by 1.73 per cent and 1.90 per cent, respectively

Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag

Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers

Trump tariffs seen pushing up underlying US consumer prices in May

The Consumer Price Index report from the Labor Department on Wednesday could show the CPI less the volatile food and energy components rising by the most in four months

US inflation data collection hurt by Trump-era hiring freeze: Report

The CPI temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage in certain CPI cities

Jamie Dimon warns of stagflation risk amid US economic uncertainty

Dimon's comments expand on remarks he made in recent , when he warned against complacency and said recession remains a possibility, adding that many of the effects of the tariffs are yet to be seen

Trump tariffs may have pushed up inflation in April, US govt report to show

Inflation may have picked up slightly last month as President Donald Trump's widespread tariffs kicked in, a trend economists expect will become more visible in the coming months. Consumer prices are forecast to have risen 2.4% in April compared with a year earlier, according to data provider FactSet, the same as in March and down from 3% at the start of the year. Still, on a monthly basis, economists expect that the consumer price index rose 0.3% from March to April, a pace that would worsen inflation if it continued, after it fell for the first time in nearly five years the previous month. Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries. Duties on many goods from Mexico and Canada took effect in February and could have impacted prices last month. Still, economists forecast the impact from duties to be modest. Firms have indicated ... that th

US Fed holds rates steady, cites risk of higher inflation, unemployment

The Fed's policy rate has been unchanged since December as officials struggle to estimate the impact of President Donald Trump's import tariffs

AO Smith Q1 revenue dips 2% on weak US, China water heater demand

The company, which makes residential and commercial water heaters, boilers, tanks and treatment products, posted a 2 per cent fall in quarterly sales to $963.9 million

US inflation slows in March, offering relief before looming tariff impact

The inflation slowdown reflected a decline in energy costs, used vehicles, hotel stays and airfares. The cost of motor vehicle insurance

Tariffs, US inflation, RBI rate decision likely to guide market movement

In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts. Equity markets would remain closed on Thursday for "Shri Mahavir Jayanti". "This week is set to be volatile for global and Indian markets, as US President Donald Trump imposed tariffs worldwide, igniting fears of an all-out trade war and a global economic recession. "The US inflation numbers will be released along with the FOMC (Federal Open Market Committee) minutes," Puneet Singhania, Director at Master Trust Group, said. Equity benchmarks slumped on Friday due to an across-the-board sell-off, tracking weak global markets amid growing global trade war fears. Domestically, the RBI will decide on intere

US inflation set to offer early signs of tariff impact under Trump

Bureau of Labor Statistics figures on Thursday are projected to show that the consumer price index edged up 0.1 per cent, which would be the smallest rise since July

US manufacturing contracts again as tariffs, inflation fears rise

Domestic manufacturers rely heavily on imported raw materials and could experience a severe disruption in supply chains, economists warneds

Gold price climbs Rs 10 to Rs 87,990, silver rises Rs 100 to Rs 1,00,100

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,660

Stocks up with yields as US inflation, Ukraine optimism offset tariff fears

Oil prices settled higher after data on slower stockpile builds, while the euro pulled back slightly after hitting a five-month high in the previous day's session

Markets Today: Nifty expiry, India CPI, IIP; FII; US CPI; PDP IPO allotment

In the previous session, the Sensex ended 72.56 points, or 0.10 per cent lower, at 74,029.76, while Nifty 50 settled 27.40, or 0.12 per cent lower, at 22,470.50

US inflation cools to 2.8% in Feb, offering some reprieve ahead of tariffs

The consumer price index increased 0.2 per cent after a sharp 0.5 per cent advance in January, according to Bureau of Labor Statistics data out Wednesday

Americans' rising inflation concerns threaten to undo soft landing

Consumer inflation expectations have been rising for the last month or two across several reports. Some surveys point to businesses anticipating higher prices as well