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U.S. Inflation Hits 2.7% Amid Tariff Turmoil

7/15/2025

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Trump's Tariffs Impact

Inflation in the U.S. surged to 2.7% in June, a significant shift driven by President Trump's tariffs. Companies, bracing for the impact, adjusted their inventories and costs. Meanwhile, the Federal Reserve treads carefully, holding interest rates steady amidst trade uncertainties and mounting pressure from the White House for cuts.

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India's Inflation Decline

India's wholesale inflation plummeted to a mere 0.13% in June, the lowest since October 2023. This significant drop was driven by falling fuel and power costs, as well as a slowdown in food price increases. The Reserve Bank of India has adjusted its FY26 inflation forecast to 4%, signaling relief for consumers as price pressures ease.

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Trump's Tariffs Impact

Inflation in the U.S. surged to 2.7% in June, a significant shift driven by President Trump's tariffs. Companies, bracing for the impact, adjusted their inventories and costs. Meanwhile, the Federal Reserve treads carefully, holding interest rates steady amidst trade uncertainties and mounting pressure from the White House for cuts.

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