IN THE NEWS---WOLF STREET...ABOUT THOSE TARIFFS...AND INFLATION

The blog has received A LOT of hysterical anonymous commentary regarding inflation---however, perhaps one should broaden their reading sources...because...

Fed’s Nightmare: CPI Inflation in Services Reheats (not tariffed), while Inflation in Durable Goods, Apparel & Footwear (tariffed) Remains Cool by Wolf Richter • Jul 15, 2025

While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not tariffed, where inflation took off again. Shocker? No...

By Wolf Richter for WOLF STREET - read more at https://wolfstreet.com/2025/07/15/feds-nightmare-cpi-inflation-in-services-reheats-not-tariffed-while-inflation-in-durable-goods-apparel-footwear-tariffed-remains-cool/