CPI data shows inflationary effect of tariffs, keeps the Fed in 'wait and see' mode

Jul. 15, 2025 3:09 PM ETS&P 500 Index (SP500), , , , , , , , By: Monica L. Correa, SA News Editor11 Comments
US Federal Reserve - The FED under the magnifying glass

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Tuesday's mixed consumer price index (CPI) report has further solidified expectations that the Federal Reserve will continue to hold interest rates steady, as the inflationary effect of tariffs showed up in the data.

On the one hand, June core CPI came

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