U.S. consumer prices rose in line with expectations in June amid increasing economic uncertainty due to President Donald Trump’s tariff war. According to data from the Bureau of Labor Statistics (BLS),

Energy and housing costs were the major drivers of inflation, but consumers are starting to feel the impact of tariffs on basic goods.

U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its interest rate cuts.

Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances.

Economists have long been warning of a tariff-driven boost to US inflation. The next report on consumer prices will put their conviction to the test.

WASHINGTON >> Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence of the Trump administration’s increasing import taxes passing through to consumers.

US inflation rose to 2.7% in June, its highest since February, driven partly by President Trump’s sweeping tariffs on imports. The spike is pushing up prices on essentials like appliances and clothing.