#us-inflation
#us-inflation

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US inflation from tariffs that economists feared begins to emerge

US consumer prices increased by 2.7% in June, driven by higher costs of goods due to inflation and tariffs.

European markets were flat as investors awaited US inflation data and monitored trade developments.

Deutsche Bank lifted its global growth forecasts, boosting market optimism despite World Bank's downward revisions.

Trade diplomacy eased fears, but the broader market direction remained muted ahead of critical US economic data.

US inflation declined to 2.4% in March, supported by lower energy prices, with potential future increases due to tariffs.

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