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Prices for toys, car parts, and appliances went up by 2.4% last month due to new tariffs.
Housing and food prices went up, but petrol and clothes went down. The goal is 2% inflation. Interest rates rose in 2022 to help control prices.
Tariffs might make prices rise slowly. The US says other countries will pay, helping US businesses. Some worry prices might still go up.
Prices for toys, car parts, and appliances went up by 2.4% last month due to new tariffs.
Housing and food prices went up, but petrol and clothes went down. The goal is 2% inflation. Interest rates rose in 2022 to help control prices.
Tariffs might make prices rise slowly. The US says other countries will pay, helping US businesses. Some worry prices might still go up.