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Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...
Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...
President Donald Trump has taken to routinely maligning Federal Reserve Chair Jerome Powell as “too late” because interest ...
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US consumer inflation accelerates as tariff effects creep in
Observers anticipate they will learn more about the effects of Trump's duties over the summer months ... While Trump imposed a 10 percent tariff on almost all trading partners in April and ...
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from ...
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is ...
Rising rents were the main driver of inflation in June. But the price of clothing, appliances and toys also jumped — which ...
Economists, researchers and analysts have warned that President Donald Trump’s sweeping trade policy of tacking steep tariffs on most goods that come in to America will deliver a taxing blow to ...
Household furnishings and apparel – which are more exposed to tariffs – saw cost hikes. Read more at straitstimes.com. Read ...
With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what the Fed is doing under Powell’s stewardship,” Levin ...
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