WASHINGTON (NEXSTAR) - New economic numbers show inflation stayed steady last month, but economists say Americans should be bracing for the full impact of President Trump's tariffs.
New inflation numbers are lower than top economists predicted, with U.S. consumer prices up 2.7% last month.
"Today's CPI report revealed that inflation beat market expectations once again and inflation remains stable,” said White House Press Secretary Karoline Leavitt.
The White House sees the new data from the Bureau of Labor Statistics as a good economic sign but Thomas Aiello with the National Taxpayers’ Union says there's reason to be wary.
"It's better than expected but in my opinion it's still a little hot. Anytime we're at that 2% inflation number we're in the wrong spot,” said Aiello.
Many of Pres