CNBC Rapid Update: Tariff effects weigh on outlook
CNBC Televisionยท2025-06-30 11:38
Stocks have marched higher, but what about the economic outlook. Our senior economics reporter Steve Leeman joins us right now. He's got a rapid update with how things are going.Steve, good morning. Good morning, Becky. Yeah, the economic outlook has brightened a bit, but it's not nearly as rosy as the market looks to be.Most forecasts still see tariff effects weakening growth and driving inflation higher, though both are somewhat less than they were in our prior forecast. the average of 15 forecasts on the ...