Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price increases owed largely to a rise in housing and food products with little connection to tariffs.

Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why markets may be underpricing this threat.

Prices have risen a tad on some items especially affected by tariffs. But for the most part, companies are finding ways to delay price increases — for now.

Experts explained what the average American investor needs to know about the impact of tariffs and inflation on your money next year.

A new report found inflation on the rise in June, renewing concerns that inflation is roaring back thanks to Donald Trump's tariff agenda.

Howe Chung Wan from Principal Asset Management says the steep yield curve in Japan's government bonds shows the market's anticipation of fiscal premium. He explains why he only sees Bank of Japan to hike rates next year.

Categorial price data also suggest inflation is not being caused by Trump’s tariffs. For example, CPI prices for clothing and other apparel declined in June compared to one year earlier, even though 97% of apparel sold in the United States comes from overseas and is thus more likely than other kinds of products to be impacted by tariffs.

A top New Zealand central banker said on Thursday that while the full impact of U.S. tariffs remains uncertain, they could ease medium-term inflation pressures in the country, although the tariffs might dampen business investment and household spending.

Economists have long been warning of a tariff-driven boost to U.S. inflation. The next report on consumer prices will put their conviction to the test.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

June’s inflation report will be looked at not so much for what the headline numbers show than what’s in the underlying data.

The bank’s governing council announced on Thursday at its headquarters in Frankfurt that it would leave its benchmark deposit rate at 2%.