“Consumer prices rose 2.7% in June compared to a year ago, matching economists' expectations but marking an uptick from a month earlier. Still, the inflation rate clocked in below the 3% recorded in January, the month Trump took office.”

Are tariffs to blame for rising inflation? Experts weigh in

“Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.”

The tariff-driven inflation that economists feared begins to emerge