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Inflation Ticks Up to 2.7%, as Trump's Tariffs Boost Prices

Inflation Ticks Up to 2.7%, as Trump's Tariffs Boost Prices

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Prices rose faster in June than a month earlier, amid Donald Trump’s tariffs that will be felt throughout the economy. Yet Trump again calls on Federal Reserve Chair Jerome Powell to cut interest rates anyway, while the White House also raises complaints about Powell's handling of an over-budget $2.5 billion renovation of the Fed's offices in Washington. Learn more about your ad choices. Visit megaphone.fm/adchoices

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.