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Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.
The post Inflation Rises, Tariffs to Blame appeared first on Reason.com.
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
President Trump’s tariffs have yet to reverse the disinflation trend that’s persisted since January, baffling economists and the bearish views that color the consensus narrative.
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Money Talks News on MSNCommerce Department Slaps 17% Tariff on Mexican Tomato ImportsA new seventeen percent tariff on Mexican tomatoes threatens to increase grocery costs for American families, particularly affecting low-income households already struggling with food inflation.
Inflation rose in June while wages went down, driving down buying power for consumers across the economy, federal data show.
Reports of Trump firing Fed Chair Powell led major indexes falling midday Wednesday, but losses were pared as Trump backed ...
This was not the news that Rachel Reeves was hoping for. After a well-received Mansion House speech last night, Reeves was ...
On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend ...
As inflation and fuel efficiency undercut traditional gas tax revenue, many states are rethinking how they fund ...
The deadline for the start of Trump's heaviest tariffs has been delayed a few weeks, but a new report has nonetheless shown ...
U.S. stock indexes are drifting around their record levels on Wednesday following a better-than-expected update on inflation across the country.
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