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Inflation rises to 2.7%, with tariffs possibly fueling gains

Posted

July 15, 2025

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The Consumer Price Index rose 0.3% in June, bringing annual inflation to 2.7%—its highest level since February. Andrew Ross Sorkin tells #MorningJoe that early signs suggest tariffs may be driving up consumer costs in categories like electronics, toys, and apparel.

“This isn’t going to give the Fed any comfort in terms of lowering rates anytime soon.”

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The Consumer Price IndexFebruary Andrew Ross SorkinInstagram DownloadMSNBC Online VisitMSNBC Daily Newsletter

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Inflation rises to 2.7%, with tariffs possibly fueling gains · MSNBC · Sentinel