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A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.
U.S. producer prices remained unchanged in June, influenced by tariff-driven shifts. While goods costs rose, service prices ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor ...
Powell’s focus on waiting for clear evidence of tariff-driven inflation helps anchor inflation expectations, supporting long-term price stability and market confidence.
Bowman’s openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.
Powell’s warning that tariffs could lead to more persistent inflation—not just a one-time price jump—raises the risk that the Fed will be forced to keep rates higher for longer, weighing on ...
U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively. Following the news, the S&P 500, which hit multiple ...
New tariffs on copper and pharmaceuticals. Copper imports will attract a 50% duty while that of pharmaceuticals will be subject to tariffs as high as 200% , Trump said Tuesday.
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