BOMBSHELL Inflation Report Proves MSNBC AND CNN Economists WRONG Again After PREMATURE VICTORY LAP!

Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won’t lead to a big surge in inflation.

The flat reading in the producer-price index came in below the Wall Street forecast of a 0.2% increase.

So-called core wholesale prices were also unchanged last month. Core prices omit volatile food and energy costs as well as trade margins and are seen as a better predictor of future inflation.

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