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OANβsΒ Alicia Summers
2:49 PM β Wednesday, July 16, 2025
Juneβs Producer Price Index showed zero monthly change and a steady 2.3% yearly increase, signaling stable wholesale costs despite tariffs. Consumer prices rose slightly but core inflation stayed lower than expected for five months. Markets are calm, suggesting investors get Trumpβs tariffs are negotiation toolsβnot weaknessβdebunking the Leftβs βTACOβ (Trump Always Chickens Out) claim. Meanwhile, Fed Chair Powell stays cautious on rate cuts despite Trumpβs pressure. Anthony Saccaro, President of Providence Financial and Insurance Services joins Alicia Summers.