The Impact of Tariffs on Inflation and Mortgage Rates Remains Unclear
Tariffs Show Up in CPI, But the Jury Is Still Out on the Impact June’s Consumer Price Index report came in at 2.7 percent year over year and 0.3 percent month over month, with core inflation rising 2.9 percent. Analysts spotted some tariff-related price increases in goods like appliances, furniture and clothing. But those items…