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The forecast for the U.S. economy looks cloudy as inflation rises: ‘It would be wise for the Fed to remain on the sidelines’
fortune.com/2025/07/15/inflation-rising-tariffs-economy-cpi-report-june-2025
The rate of inflation for the 12 months ending in June was 2.7%, according to a Bureau of Labor Statistics report released Tuesday. The inflation print was in line with economists’ expectations. There were increases in key categories such as clothing, furniture, and leisure spending,…
This story appeared on fortune.com, 2025-07-15 15:19:18.