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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
Donald Trump said on Tuesday that consumer prices were low and the Federal Reserve should bring down interest rates now.
If market participants perceive that Fed independence is eroding, moves in financial assets could be wild, some analysts say.
The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...
Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...
Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, ...
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...