US EditionEconomists Expect Inflation Ticked up in June After Surprise Jobs Gain
UNITED STATES, JUL 11 – Tariff increases are driving inflation higher, with economists forecasting US inflation to peak near 3.7% in September as import costs reach consumers, impacting household expenses.
- OTTAWA – economists expect inflation accelerated in June, prompting the Bank of Canada to search for tariff impact signals.
- Businesses handling of tariff pressures is revealed through quarterly surveys, including insights into the speed of cost pass-through to consumers.
- Tiff Macklem said `unusual volatility` has appeared in price data, adding that underlying inflation could be `firmer` due to higher Canada–US tariff costs.
- Consumer prices are rising as Trump's tariffs on Mexico and the European Union take effect, economists warn.
- Despite these pressures, the Treasury has reported more than $100 billion in tariff revenue this year, and upcoming CPI and PPI releases will further illuminate inflationary trends.
41 Articles
41 Articles
Inflation could rise to 3.5% - before going even higher in autumn
Inflation could rise to 3.5 per cent when the latest figures are released on Wednesday, economists predict.The Consumer Prices Index (CPI) measure of inflation sat at 3.4 per cent when May’s figure was released last month.But many experts believe it will climb marginally in June’s figure.Inflation climbing is generally bad news for households as it means goods and services are costing more and can prevent the Bank of England from cutting interes…
Economists expect inflation to accelerate in June, with the Bank of Canada continuing to analyze price data based on tariffs.
Winnipeg Free Press
Economists expect inflation ticked up in June after surprise jobs gain
Breaking News, Sports, Manitoba, Canada
Bank of Canada may coast along with July 30 announcement - Island Social Trends
Monday July 14, 2025 | VICTORIA, BC Editorial analysis by Mary P Brooke | Island Social Trends When things seem undefined or complacent is a good time for a predator to pounce. That’s what the US President is probably strategizing in his next economic trade war move against Canada. In that current economic reality it […] The post Bank of Canada may coast along with July 30 announcement appeared first on Island Social Trends.
Coverage Details
Bias Distribution
- 62% of the sources lean Left
To view factuality data please Upgrade to Premium
