Tag Archives: Inflation

Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates – Bloomberg

Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates  Bloomberg Trump Wants Lower Rates. Firing Powell Could Push Them Higher.  The New York Times Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy  Reuters How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision  PBS Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing …

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Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

President Trump was unfazed by the rise in inflation to 2.7%, reported yesterday, and, as usual, he used social media to insist that the U.S. Federal Reserve lower interest rates. “Consumer Prices LOW. Bring down the Fed Rate, NOW!!!” he said. He then added: “Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would …

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Latest US inflation report shows a pullback in travel spending and an increase in the cost of goods

Latest US inflation report shows a pullback in travel spending and an increase in the cost of goods

CNN  —  US wholesale inflation was muted in June, presenting what would seem to be a better-than-expected outcome amid President Donald Trump’s hefty tariffs on global trading partners. However, a steep drop-off in travel and other services camouflaged an increase in the cost of goods. The Producer Price Index, which measures the average change in prices paid to producers, was …

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US producer prices unchanged with wholesale inflation remaining under control

US producer prices unchanged with wholesale inflation remaining under control

WASHINGTON (AP) — 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 Department reported Wednesday that its producer price index was unchanged last month from May after rising 0.3% the previous month. June wholesale prices were up 2.3% from a year earlier, smallest year-over-year …

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PPI inflation report June 2025

PPI inflation report June 2025

People shop at a Manhattan retail store on July 15, 2025 in New York City. Spencer Platt | Getty Images A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of …

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Stock Market Today: Nasdaq Futures Slip; More Earnings, Inflation Data Due— Live Updates – The Wall Street Journal

Stock Market Today: Nasdaq Futures Slip; More Earnings, Inflation Data Due— Live Updates  The Wall Street Journal Stock market today: Dow slides after CPI inflation accelerates, Nvidia’s surge lifts Nasdaq to record  Yahoo Finance Stocks making the biggest moves premarket: Nvidia, Trade Desk, BlackRock, Wells Fargo and more  CNBC Nvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions  The New …

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