Trump, tariffs and Inflation
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Trump, Mexico and tariffs
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Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to little more than “masterful inactivity.”
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President Donald Trump fired back at Democrats on Wednesday over their inflation messaging, declaring on Truth Social that he “brought down costs more than any President in recorded history” and calling Democratic claims “a total LIE.
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Cryptopolitan on MSNTrump demands historic rate cut as inflation threat loomsThe US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.
Key Takeaways A June report on the Consumer Price Index should show a bump in the inflation rate, possibly due to the impact of President Donald Trump's tariffs.Some forecasters expect tariffs to have an "undeniable" effect on prices,
Through persuasion and browbeating, Trump forced nearly all congressional Republicans to line up behind his marquee legislation despite some of its unpalatable pieces.
3don MSN
President Donald Trump fired back at Democrats on Wednesday over their inflation messaging, declaring on Truth Social that he “brought down costs more than any President in recorded history” and calling Democratic claims “a total LIE.