US Consumer Inflation Holds At 2.7% As Tariff Worries Persist

Consumer inflation in the United States was unchanged in July, data showed Tuesday, but underlying price increases picked up as President Donald Trump’s sweeping tariffs ripple through the world’s biggest economy.

The consumer price index (CPI) rose 2.7 percent from a year ago in July, same as in June, said the Department of Labor, as worries over the reliability of data intensify and…