
People shop at the Mall of America in Bloomington, Minn., on Aug. 29, 2025. Madalina Kilroy/The Epoch Times
Two key inflation reports will be released this week, providing the Federal Reserve with sufficient data to inform its next policy decision.
It has been several months since President Donald Trump unveiled the contours of his sweeping global tariffs. While the administration’s sector-specific and reciprocal tariffs have not so far translated into soaring consumer prices, the data indicate that levies are gradually being reflected in the U.S. economy for both businesses and shoppers.