Reported about 8 hours ago
Economists predict that the Consumer Price Index report due Tuesday will not reflect significant tariff-related inflation for April, as businesses had stockpiled goods before the tariffs took effect. While a modest year-over-year living cost increase of 2.3% is expected, the impact of imported cost increases resulting from tariffs will likely be felt more in the coming months, with price hikes gradually rolling out as the effects of tariff policies continue to unfold.
Source: YAHOO