Rising prices hit essentials like clothes, auto parts, and groceries amid a softening labor market. Jeff Cox reveals tariffs are pushing inflation higher despite consumers spending less. With inflation near 3% and job growth weak, the Fed faces tough choices on rates. Could stagflation be back? Full story:
https://www.cnbc.com/2025/09/11/trumps-tariffs-are-slowly-finding-their-way-into-consumer-prices.html #JeffCox #BureauOfLaborStatistics #tariffs #inflation #FederalReserve #consumerprices #economy #laborMarket
Trump's tariffs are slowly finding their way into consumer prices
A key Bureau of Labor Statistics inflation report showed price increases for a variety of tariff-sensitive items.
CNBCJeff Cox reveals Federal Reserve’s Austan Goolsbee voices caution on cutting interest rates amid mixed inflation data and tariff concerns. Services inflation remains stubborn, and wholesale prices spike unexpectedly, complicating Fed’s Sept decisions. More data needed before policy shifts. Explore details here:
https://www.cnbc.com/2025/08/15/goolsbee-sees-note-of-unease-as-fed-looks-to-next-interest-rate-move.html #JeffCox #AustanGoolsbee #FederalReserve #interestrates #inflation #Fedpolicy #tariffs #FOMC #economy #markets
Fed's Goolsbee sees 'note of unease' as central bank looks to next interest rate move
Goolsbee said a mixed bag of inflation data coupled with uncertainty over tariffs have given him pause about lowering rates.
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