Fed’s Nightmare: CPI Inflation in Services Reheats (not tariffed), while Inflation in Durable Goods, Apparel & Footwear (tariffed) Remains Cool

Why did Nvidia resume AI chip sales to China? How are Trump's tariffs impacting US inflation? What caused the S&P 500 to slip today? Why is the Federal Reserve chair replacement process starting? How did JPMorgan report strong earnings amid tariff risks? What led to Tesla executive departures this year? Why did House Republicans block crypto legislation?

Fed’s Nightmare: CPI Inflation in Services Reheats (not tariffed), while Inflation in Durable Goods, Apparel & Footwear (tariffed) Remains Cool

wolfstreet.com/2025/07/15/feds-nightmare-cpi-inflation-in-services-reheats-not-tariffed-while-inflation-in-durable-goods-apparel-footwear-tariffed-remains-cool

While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not tariffed, where inflation took off again. Shocker? No

This story appeared on wolfstreet.com, 2025-07-15 18:18:48.