US consumer inflation picks up to 2.7% as tariff scrutiny grows

  • Posted on July 15, 2025
  • By Business News Today
  • 1 Views
US consumer inflation picks up to 2.7% as tariff scrutiny grows

US consumer inflation saw an expected acceleration in June, climbing to 2.7 percent annually, driven by rising energy costs. The increase comes as policymakers assess the impact of President Trump's tariffs, particularly on household furnishings and apparel. While officials downplay inflation concerns, economists warn of potential economic consequences from the tariff hikes.
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