Trump, inflation
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Federal Reserve, Trump and stock
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President Trump is commenting on Federal Reserve Chair Jerome Powell as reports emerge that he is considering firing him. Mr. Trump has been calling for Powell to cut interest rates as the U.S. navigates inflation.
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
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Gary Cohn, IBM vice chairman and former National Economic Council Director under President Trump, joins 'Squawk Box' to discuss the state of the economy, June's CPI data, President Trump's tariff agenda,
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants. It’s not clear whether Trump can extract himself from the policy cycle he has created.
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'We've Had No Inflation': Donald Trump Makes A Fool Of Himself, Refuses To Believe Inflation Went Up In Pitiful Moment During Press GaggleDuring a press gaggle earlier today, Donald Trump dismissed reports that inflation accelerated last month, doubling down on his disastrous tariff policy. "We've had no inflation, all we have is we're making a fortune,
President Trump’s tariffs have yet to reverse the disinflation trend that’s persisted since January, baffling economists and the bearish views that color the consensus narrative.
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
Trump could order the Treasury Department to properly define a "capital gain" as any increase in the value of a stock or property AFTER INFLATION ADJUSTING from the time of the purchase of the asset to the time of the sale. In that case, the real rate of tax on capital gains would fall, and investment would rise. And tax revenues would RISE!
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AlterNet on MSN'Good evidence': New data shows the 'surest sign' Trump policies are making inflation riseThe latest inflation data suggests that President Donald Trump's tariffs may already be having an impact on the finances of working-class families. In a Tuesday article for Axios, journalists Courtenay Brown and Neil Irwin reported on Consumer Price Index (CPI) data from June that was just released this week,