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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Read More »:max_bytes(150000):strip_icc()/GettyImages-2224505310-87c2152399b44a678b33d028b8c459a0.jpg "Stocks Edge Higher as Investors Brush Aside Trump’s Latest Tariff Threats; Bitcoin Hits Another Record High")
What to Expect From Tuesday’s Inflation Report 50 minutes ago So far, the impact of President Donald Trump’s campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change. A report on the Consumer Price Index is expected to show a notable uptick in inflation, according to …
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