Trump, Inflation and tariffs
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April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
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,
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Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.President Donald Trump says there's "no inflation," but the latest data shows the battle against rising prices is still going on, and they're rising faster than the Federal Reserve would like. In a post on Truth Social on Friday morning, the president ...
Inflation fell by one tenth of a percentage point to 2.3% for the year ending in April, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had expected inflation to hold at 2.
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The Western Journal on MSNBreaking: New Inflation Numbers Crush Democrats' Narrative About Trump's Tariff StrategyDemocrats and their media cheerleaders have been wailing for months that President Donald Trump’s tariff policies would ignite a wildfire of inflation, scorching American wallets. Yet, here we are, with fresh inflation numbers that slap their fearmongering narrative right across the face.
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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.
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Inflation may have picked up slightly last month as President Donald Trump's widespread tariffs kicked in, a trend economists expect will become more visible in the coming months.
Ex-Biden Aide Who Gaslit Americans About Inflation For Years Launches New Group To Rip Trump Economy
A former spokesman for former President Joe Biden known for defending his administration’s unpopular economy is joining forces with other