Consumers blame companies for exploiting the disruption caused by tariffs. They believe companies are raising prices and reducing quality to boost profits.

U.S. consumer prices likely picked up in June, potentially marking the start of a long-anticipated, tariff-induced increase in inflation that has left the Federal Reserve cautious about resuming its interest rate cuts.

Consumer Price Index, or CPI rose 0.3%,the largest monthly gain since January, pushing year-over-year inflation to 2.7%, up from 2.4% in May.

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

The dollar edged down against the euro and yen on Wednesday after hitting multi-week highs the previous day, as investors awaited producer price data later in the session for clues on potential tariff-driven inflation.

June’s CPI inflation report is expected to show a tariff-driven pickup in price increases as President Trump intensifies trade threats.

People are less worried that President Donald Trump's tariff campaign will push up prices, though American consumers remain pessimistic by historical standards.

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing and large appliances.

Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.