Economists Warn of Rising Inflation and Consumer Impact Ahead of CPI Data
TL;DR Summary
Morgan Stanley has revised its inflation forecast ahead of the July CPI data, highlighting potential tariff-driven inflation increases and suggesting that the Federal Reserve may hold interest rates steady in September despite market expectations of a cut, as inflation pressures build.
- Morgan Stanley revamps inflation forecast ahead of CPI data tomorrow TheStreet
- US Consumers to Bear Brunt of Tariff Hit, Goldman Economists Say Bloomberg.com
- Nuclear Power Plant Taken Down by a ‘Massive’ Swarm of Jellyfish The Daily Beast
- Trump said foreign countries would 'eat' tariffs—but U.S. consumers and businesses will actually pay 75% at best Fortune
- July CPI report expected to show inflation accelerated amid tariff pressures Yahoo Finance
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