Trump, Inflation and tariffs
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Trump, Republicans and climate bill
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April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
Business owners explain how the Trump tariffs are driving up costs, cutting into profits, and depressing employment.
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Daily Voice on MSNRetail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data SaysApril's retail sales flatlined as Americans pulled back on spending, the latest sign that trade tensions under President Donald Trump's tariffs are taking a toll on the US economy. Total retail and food service sales rose just 0.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
Federal Reserve vice chairman Philip Jefferson said Wednesday that if the tariffs already unveiled by President Trump are sustained, it will cause "at least" a temporary increase in inflation. There are signs in the recent data of progress on inflation,
13don MSN
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster than the Fed would like.
Trump's Liberation Day tariffs saw his approval ratings plummet. But polls show that hispopularity is creeping back up.