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Rising Inflation in the U.S.: June Sees Price Hikes in Key Goods, Echoes of Turkey's Past

Rising Inflation in the U.S.: June Sees Price Hikes in Key Goods, Echoes of Turkey's Past

In June, the prices of household items, appliances, clothing, and toys in the United States continued to rise, further intensifying inflationary pressures. The impact of these price hikes is becoming evident as tariff effects start to surface, causing concern about the future economic direction.

Looking back at Turkey's experience, interest rate cuts were initially viewed as a means to boost the economy, but ultimately led to severe inflation issues. Former President Donald Trump has also pressured the Federal Reserve (Fed) to lower interest rates and has shown interest in the chairmanship, suggesting a potential risk of repeating past mistakes.