US Inflation Surges 2.7% Amid Tariff Policy Concerns
The US consumer price index (CPI) rose 2.7% in July, driven by higher prices for certain goods and services, according to the Bureau of Labor Statistics. The annual inflation rate is the highest since February, with core CPI rising 3.1% from last year. Economists attribute the increase to the Trump administration’s tariff policy, which is … Read more