The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. Prices rose 2.6% in ...

The data complicates the picture for an anticipated interest-rate cut at the Federal Reserve’s next meeting in September by ...

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods.

WASHINGTON -- The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods.

News National News A key US inflation gauge rose last month as Trump’s tariffs lifted goods prices Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday ...

Adjusted for inflation, the increase was just 0.1%, the government said. Americans' incomes also picked up just modestly, rising 0.3% last month, a rebound after a 0.4% drop in May.