Trump, Inflation
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CPI, June and Inflation
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President Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the Federal Reserve to cut interest rates immediately.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
President Donald Trump is returning to an old tactic as he tries to move his base past the uproar over his administration’s refusal to name Jeffrey Epstein’s alleged co-conspirators.As the president faces a sustained rebellion among some of his most loyal MAGA influencers,
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Trump pharma and chip tariffs may start this month, sparking price hikes, inflation, and global trade ripples.