The Big Money Show panel discusses President Donald Trumps plan to remodel Jerome Powells Federal Reserve. The minutes of the Federal Reserve’s July meeting released on Wednesday showed that policymakers were more concerned about the risk of inflation from the impact of tariffs than the labor market as they debated interest rate policy. The Federal Open Market Committee (FOMC), the Fed …
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Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged
WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged. According to the minutes of the July 29-30 meeting, released Wednesday, members of the Fed’s interest-rate setting committee “assessed that the effects of higher tariffs had …
Read More »Joe Flacco remains on top of unchanged Browns QB depth chart
Shedeur Sanders played well enough against the Panthers in the Browns’ preseason opener that Nike released an ad featuring the quarterback, but the outing didn’t lead to any change on the Browns’ depth chart. Joe Flacco was listed as the top quarterback on their initial depth chart last week with Kenny Pickett and Dillon Gabriel also ahead of Sanders. Flacco …
Read More »Nintendo Switch Prices Rise in U.S.; Switch 2 Console Prices Remain Unchanged – News
U.S. president signed executive order to adjust global tariffs on Thursday Image via Nintendo’s website © Nintendo Nintendo announced on Friday that it is raising the price of the original Nintendo Switch, Lite, and OLED consoles, as well as Switch accessories in the United States “based on market conditions.” The company is also raising the prices for certain Nintendo Switch …
Read More »Fed expected to leave interest rates unchanged as US GDP exceeds forecasts | US interest rates
The US Federal Reserve will announce its latest decision on interest rates today amid intense pressure from Donald Trump to lower rates. Despite an onslaught of attacks from the White House against the Fed, officials at the central bank are expected to leave rates unchanged. Data released on Wednesday underlined the resilience of the US economy, which bounced back faster …
Read More »Jerome Powell had a surprise visit from Trump. He’s poised to leave interest rates unchanged anyway
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 many economists expect that two …
Read More »Fed expected to keep rates unchanged as it sifts through mixed economic data – Reuters
Fed expected to keep rates unchanged as it sifts through mixed economic data Reuters Fed likely to stand pat on interest rates, stay coy on September cut amid Trump pressure USA Today July Fed Meeting: Live Updates and Commentary Kiplinger The Fed’s Interest-Rate Decision and 3 Other Key Pieces of Economic Data to Watch Barron’s Bank of Canada, Fed expected to hold interest rates …
Read More »ECB rate decision as it happened: Rate unchanged at 2% as uncertainty remains over US-EU trade deal – Reuters
ECB rate decision as it happened: Rate unchanged at 2% as uncertainty remains over US-EU trade deal Reuters ECB keeps rates steady as it awaits clarity over trade Reuters Euro dips after ECB keeps rates unchanged CNBC Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval AP News ECB Keeps Rates Unchanged to Wait for Clarity on US Tariffs Bloomberg …
Read More »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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