Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET. Year-over-year inflation likely picked up to 2.

The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is still to come, according to economists.

Inflation rises to 2.7% in June, driven by earlier tariffs. Learn how this surge impacts the Fed's strategy and economic outlook.

The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor

Despite the widespread expectation for a higher CPI reading, a surprise to the downside remains a possibility. - The market still believes the Fed will eventually need to ease monetary policy.

June inflation slowed, the core rate below forecasts. Stocks and bonds saw modest rallies. Click here for a full breakdown of the June report.

WASHINGTON — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures.