Trump, tariff and Federal Reserve
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Rich Kelly, head of global strategy at TD Securities, wrote in a research note that he expects the Fed to be more worried over job losses than inflation.
From Investopedia
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations.
From Bloomberg L.P.
U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald T...
From Reuters
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U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook.
Federal Reserve Governor Adriana D. Kugler discusses rising inflation expectations, policy uncertainty, and tariff risks, emphasizing challenges to
Before COVID-19, inflation averaged 1.5% for more than ... the current 2.8% is “now within the 3% upper range of the Federal Reserve’s target.” That’s curious because the Fed has never ...
The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the same mistake again. President Donald Trump’s tariffs are about to ...
Interest expenses outpaced interest income for the second straight year, though the losses were smaller than the previous year’s.
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The U.S. dollar's status as the global reserve currency continues to erode, with gold and “non-traditional” reserve currencies gaining ground.
Progress towards the U.S. central bank's 2% inflation target has slowed recently and may have stalled, Federal Reserve Governor Adriana Kugler said on Wednesday, a reason to keep interest rates where they are.
Despite falling inflation, consumers remain uneasy as soaring egg prices highlight ongoing economic uncertainty from the pandemic.