US Inflation Surges to 2.7% in June, Prompting Economic Scrutiny
US Inflation Surges to 2.7% in June, Prompting Economic Scrutiny New reports indicate that inflation saw an unexpected acceleration in June, with the annual rate climbing to 2.7%. This uptick signals a potential resurgence in price pressures within the U.S. economy, a development that is likely to draw immediate attention from financial markets and policymakers. The 2.7% annual inflation figure for June represents a significant movement, suggesting that consumer prices are rising at a more rapid pace than previously observed….