Tag Archives: deepening

CPI Report Live Updates: Inflation Data Likely to Show Deepening Impact of Trump’s Tariffs  The New York Times Inflation’s perfect timing  Politico Inflation report may show consumer prices rising  NBC News Inflation is expected to have crept up again in July  The Washington Post Traders brace for the big July CPI number. Here’s what JPMorgan thinks may happen  CNBC Source link

WASHINGTON (AP) — The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic, President Donald Trump, see the economy. The Fed itself, to be sure, is increasingly divided over its next steps, and …