Current tariff collections equate to 0.1% monthly inflation, aligning with recent CPI data. See why I’m skeptical that tariffs will lead to widespread inflation.

The Indian rupee is set to open weaker on Wednesday after June U.S. inflation data hinted at tariff-driven price pressures, prompting markets to scale back bets of Federal Reserve rate cuts and pushing the dollar and U.

US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to record high.

US wholesale inflation was muted in June, signaling that price pressures might not be building for producers and manufacturers.

The core inflation metric tracked by the Federal Reserve will likely come in at 2.7% or 2.8% for June, versus 2.7% in May, according to a batch of Wall Street estimates out today. That would mean no more progress toward the Fed's 2% target,

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.