Inflation ticked up some in the #USA , but we haven’t seen anything yet ( #MyThoughts ). There are many factors at play, like:
--> Much of Trump’s tariff plans were on hold (& the #inflation report looks backwards)
--> Businesses had front-loaded their inventory & consumers bought ahead (e.g., vehicles), anticipating #tariffs 
--> The Fed hasn’t lowered interest rates yet (though #Trump wants that & plans to appoint a new Fed chair)
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#USeconomy #economics
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https://www.wsj.com/economy/inflation-hit-2-7-in-june-in-line-with-expectations-8f92a8cd
