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Powell says Trump's tariffs drove high inflation
Federal Reserve Chair Jerome Powell has now said out loud what many economists have argued for years: the recent burst of ...
Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank's 2% inflation target is ...
Corporate executives are telling investors that prices will rise as soon as January as pre-tariff inventory runs thin and ...
A new analysis from the Federal Reserve Bank of San Francisco examined the impact of tariffs on the economy based on historical examples, finding that the effect of import taxes on inflation and ...
The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...
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Downside of $2,000 tariff dividend checks: inflation
Sending $2,000 tariff dividend payments to voters could further fuel inflation, economists caution, even if it offers households short-term relief from the cost of living. Over the weekend, Trump said ...
Cost discipline isn’t just a defensive strategy to staunch losses and salvage margins as tariffs and inflation drive up costs and consumers pull back on spending, it also can drive growth, as ...
A weaker rupee usually helps exports, but sluggish global demand will keep the benefit modest, economists say.
The tariffs that President Donald Trump rolled back this past week will barely move the needle on consumer inflation, but his retreat potentially signals a major shift, according to a Wall Street ...
Impact: The US falls into recession, while Europe is less affected. The Fed cuts rates more aggressively.
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