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The Trump Tariff Inflation Is Here. But Don’t Panic — Yet.
“The impact of tariffs is becoming more salient,” said Ernie Tedeschi, the director of economics at the Yale University Budget Lab, which has been closely watching Trump’s tariffs. “Apparel, which had seen cool inflation the last 2 months, grew 0.4% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%.”
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug.
June retail sales data will give investors a look at how tariff-fueled inflation is shaping consumer spending.
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a ...
Trump’s 'big beautiful bill' caps student loans. Here's what it means for borrowers Disc-shaped UAP caught on camera by the ...
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from ...
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