The latest inflation numbers ‘could be the calm before the storm,’ according to one Bankrate analyst.
A woman shops for eggs at a store in Burlington, N.J., on Feb. 16, 2025. Samira Bouaou/The Epoch Times
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The nation received a summer update this week on America’s inflation situation.
The conclusion among a chorus of economists and market watchers is that President Donald Trump’s sweeping global tariffs have yet to have a material impact on inflation levels, but price pressures may be starting to build across the U.S. marketplace and become apparent in the coming months.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
