Tariff Cash Is Rolling In: June’s Record Take Spikes by $20.5 Billion Year-over-Year by Wolf Richter • Jul 1, 2025 • 73 Comments Businesses have been paying them out of their huge profits and have not been able to pass them on to consumers so far.
PCE Inflation Accelerates. But Tariffs Haven’t Shown Up Yet: Why the Fed Is in Wait-and-See Mode by Wolf Richter • Jun 27, 2025 • 71 Comments The 6-month PCE price index accelerated to 2.8% annualized, despite dropping energy prices. It’s been 2.7% to 3.3% in 2025, sharply higher than in the 2nd half of 2024.
The Corporate-Profit Explosion Stalls in Q1, on the Eve of the New Tariffs by Wolf Richter • Jun 26, 2025 • 62 Comments In some industries, profits surged. In others, profits sagged. By major industry.
Tariff-Inflation Watch: CPI Inflation in Light of the Tariffs by Wolf Richter • Jun 11, 2025 • 122 Comments No signs yet of tariffs getting passed through to consumers, neither in durable goods nor in clothing and footwear.
How Financial Services, a Market Plunge in April, and a Historic Cliff-Dive by Recreation Services Messed with PCE Inflation Today. But a Snap-Back Cometh by Wolf Richter • May 30, 2025 • 55 Comments Outside of two heroes that pushed down the overall indices, there isn’t anything benign about this PCE inflation data.
Beneath the Skin of CPI Inflation: Services Inflation Bounces Back, No Signs yet of Tariffs Getting Passed to Consumers by Wolf Richter • May 13, 2025 • 59 Comments Inflation in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars. But prices of apparel & shoes fell.
I’ve Been Screaming about Rising Used-Vehicle Prices since Aug 2024 (and No One Paid Attention) but Suddenly It’s the Tariffs? by Wolf Richter • May 7, 2025 • 75 Comments The issue has been tight used-vehicle inventory due to reduced influx of 2021/2022 model years after the new-vehicle shortages at the time.
NY Fed’s “Multivariate Core Trend” Inflation Measure Hits 3.0%, Worst in Over a Year, Predicts Acceleration of PCE Price Index by Wolf Richter • May 5, 2025 • 93 Comments Driven largely by non-housing services. Just in time for the Fed meeting.
Inflation Is in the Revisions? What Stands Out Once Again in the PCE Price Index? Sharp Up-Revisions of Prior Month’s Inflation by Wolf Richter • Apr 30, 2025 • 66 Comments Up-revisions pushed the 12-month core PCE price index for February to +3.0%, and the 6-month to +3.4%, worst since July 2023. But March was benign?
PPI Pushed into Negative by Dropping Prices of Many Goods and Services by Wolf Richter • Apr 11, 2025 • 85 Comments The Producer Price Index is where tariffs will show up first, whether or not companies can pass on those cost increases.
