The Consumer Price Index (CPI), a key indicator of inflation, has been watching tariffs imposed by the US government. With spring seeing the lowest level of inflation in over four years, investors are wondering if prices will rise again.
Despite high U.S. tariffs, the rate of inflation fell in the spring, raising questions about how much it may increase and for how long. This uncertainty stems from the ongoing trade tensions between the US and its trading partners. The impact of these tensions on consumer prices remains unclear.
Source: https://www.marketwatch.com/story/inflation-might-start-to-rise-again-due-to-tariffs-may-cpi-in-wall-streets-crosshairs-2ba516ee