📈 U.S. INFLATION EDGES UP IN JUNE – TARIFF PRESSURES START TO BITE

After months of cooling numbers, June’s inflation data signals a slight uptick — with core prices rising 0.3%, the largest gain in 5 months.

Analysts point to businesses passing on tariff-related import costs as a key driver behind this rise. Compared to May’s 0.1% increase, this shift may be small, but it’s significant.

With consumer spending cooling and job growth slowing, the economy sits in a fragile balance — cautious companies, restrained consumers, and rising costs.

Tariffs are making their way into the real economy. The question now is: how long before inflation regains momentum?

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