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Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
Donald Trump is pressuring the Federal Reserve to cut interest rates following a favorable inflation report, arguing that the current base rate is too high with a modest 2.3% annual CPI increase. However,
Trump tariffs will produce 'at least a temporary' rise in inflation: Fed's Jefferson
Federal Reserve vice chairman Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are sustained, it will cause "at least" a temporary increase in inflation. There are signs in the recent data of progress on inflation,
Inflation, trade uncertainty are expected to keep interest rate cuts on hold
The Federal Reserve is trying to decipher whiplash tariff rollouts and pullbacks that have stirred panic on Wall Street and caused challenges for businesses to plan. That has prompted officials to
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster than the Fed would like.
The Market Has Cornered Trump And Bessent
Explore how rising interest rates signal inflation concerns, tax policies, and deficits. Find out why bond markets may drive rates higher. Click for more.
Stock market waits on trade deals, Trump progress in Middle East and inflation data: Live Updates
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
Powell warns of supply shocks and more volatile inflation
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
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