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Politics: wholesale costs hold steady despite tariffs β€” good inflation

POLITICS: Wholesale costs hold steady despite tariffs β€” good inflation news – One America News Network

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OAN’sΒ Alicia Summers
2:49 PM – Wednesday, July 16, 2025



June’s 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 Trump’s tariffs are negotiation toolsβ€”not weaknessβ€”debunking the Left’s β€œTACO” (Trump Always Chickens Out) claim. Meanwhile, Fed Chair Powell stays cautious on rate cuts despite Trump’s pressure. Anthony Saccaro, President of Providence Financial and Insurance Services joins Alicia Summers.

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