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Fed Chair Powell's 2.7% inflation warning - what your wallet needs to know

Reading time: 2 min • Jul 31, 2025, 11:00 PM (UTC)

Key Points

  • Trump-era tariffs are raising prices on everyday items, lead...

Here's a fun fact about tariffs: they're like that friend who promises to pay you back but somehow your credit card bill keeps getting higher. Welcome to August 2025, where Trump-era tariffs are finally showing their true colors on American price tags.

The Great Tariff Tango

Core inflation just hit 2.7% in late July, and economists are pointing fingers at those pesky tariffs faster than traders blame algorithms for their losses. Electronics, clothes, and anything durable enough to survive a shipping container are already showing price bumps. It's simple economics - when businesses can't ...

While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.



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