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U.S. Inflation: the cost of tariff fever

Published on July 15, 2025


U.S. Inflation: the cost of tariff fever

Inflation in the United States is up. Again. Slightly? Not really. June’s 0.3% rise might seem modest, but it's the highest since January. The 12-month total reached 2.7%. The core index—excluding food and energy—hit 2.9%. What’s driving it? Housing, gasoline, eating out… and a generous splash of tariff, seasoned with election-year drama.

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