Trump, inflation and Tariffs
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Powell, Trump and Federal Reserve
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23hon MSN
Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, joins 'Squawk Box' to discuss the state of the economy, June's CPI data, President Trump's tariff agenda,
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants. It’s not clear whether Trump can extract himself from the policy cycle he has created.
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MiBolsilloColombia on MSNTrump's Tariffs to Generate $300 Billion for Federal Government: Is It Worth the Inflation Risk?The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal Reserve grapples with economic pressures, the question remains: do the fiscal benefits outweigh the economic costs for American consumers?
Inflation rose in June as President Donald Trump’s tariffs began to push up the prices of certain goods, undermining his attempts to pressure Federal Reserve Chair Jerome Powell to lower interest rates.
U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers. The Labor
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AlterNet on MSN'Good evidence': New data shows the 'surest sign' Trump policies are making inflation riseThe latest inflation data suggests that President Donald Trump's tariffs may already be having an impact on the finances of working-class families. In a Tuesday article for Axios, journalists Courtenay Brown and Neil Irwin reported on Consumer Price Index (CPI) data from June that was just released this week,
Inflation in June showed scattered signs of rising costs tied to the Trump tariffs, but Americans simply aren’t paying sharply higher prices because of U.S. trade wars. Here are four things we learned from the latest consumer-price index report.