Latest in Trump tariffs partly to blame for inflation: Fed chair
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Consumer sentiment falls to a 29-month low. Uncertainty rises due to tariffs and Trump tumult.
A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off ...MarketWatch - 5d -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - Mar. 12 -
GOP chairs 'very concerned' over report of Trump changing military commands
The Republican chairs of the House and Senate Armed Services committees issued a joint statement on Wednesday criticizing the idea of the U.S. drastically changing its military combatant command ...The Hill - 15h -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - 2h -
Trump pushes out National Endowment for the Humanities chair, official says
President Trump directed National Endowment for the Humanities (NEH) Chair Shelly Lowe to step down from her role, which she has now done, an agency spokesperson confirmed Thursday morning. The ...The Hill - 6d -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - Mar. 10 -
Inflation takes it easy
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation cools in Trump’s first month After a week of rising economic fears, the ...The Hill - Mar. 12 -
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - Mar. 12 -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - Mar. 9 -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - Mar. 12 -
Egg prices soar as inflation cools in first full month of Trump term
Inflation report arrives as markets slide and recession fears grow.ABC News - Mar. 12 -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 5d -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - Mar. 13 -
Powell’s ‘Transitory’ Inflation Call Revives Memories of Pandemic
Investors cheered the Federal Reserve chair’s assessment. But some economists fear a case of déjà vu.The New York Times - 2h -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 6d -
There are new fears about Fed firings after FTC dismissals. What analysts are saying.
An action taken late on Tuesday is again raising the question of Trump’s authority to dismiss Fed officialsMarketWatch - 1d -
Are there benefits to Trump's tariffs?
America's largest primary aluminum producer, Century Aluminum, applauded Trump's reinstatement of a 25% tariff on aluminum imports.The Hill - Mar. 12 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - Mar. 10 -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - Mar. 9 -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 5d -
These are the 4 biggest things we're watching in the stock market this week
Fed Chair Jerome Powell's press conference and Nvidia CEO Jensen Huang's GTC keynote are influential events.CNBC - 3d -
Trump Administration Lifts Ban on Sugar Company Central Romana Over Forced Labor
Labor groups said working conditions had not changed enough to warrant the removal. The company is partly owned by donors to President Trump.The New York Times - 19h -
Fed faces threat from US consumers’ soaring inflation expectations
University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990sFinancial Times - 1d -
Powell acknowledges ‘uncertainty’ as Fed juggle growth and inflation risks
Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this yearFinancial Times - 18h -
Stagflation fears may leave Fed’s Powell little leeway to reassure investors Wednesday
Markets are struggling to look through uncertain trade policy under President Donald Trump, with investors now turning to the Federal Reserve for some sense of how tariffs may be altering the path ...MarketWatch - 1d -
Trump’s Focus on Ukrainian Nuclear Plant Is Partly Linked to Minerals Deal, Officials Say
The U.S. is seeking access to Ukrainian minerals, which require extensive energy to process. The Zaporizhzhia power plant in southern Ukraine, which Russia controls, could help with that, Kyiv says.The New York Times - 1d -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - Mar. 11 -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - 6d -
Federal Reserve keeps interest rates steady as economic uncertainty rises
The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...NBC News - 19h -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - Mar. 7 -
Bill O'Reilly: Trump should be 'looking to reassure Americans' on economy
Former Fox News host Bill O'Reilly believes President Trump should be concerned about getting his economic message across as Americans face the rocky impact of his tariff policies and continued ...The Hill - Mar. 11 -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7 -
Stocks see best ‘Fed day’ rally since July, thanks to a ‘nonchalant’ Powell performance
Federal Reserve Chair Jerome Powell’s nuanced take on the economic outlook helped lift stocks on Wednesday.MarketWatch - 15h -
Tariffs may be worth it, but Trump must level with the public about the coming pain
President Trump's tariffs on imported goods are causing prices to rise, resulting in American taxpayers paying the ultimate cost of the tariffs.The Hill - 6d -
How Canadians are reacting to Trump's tariffs
In a country known for its politeness, there is growing outrage in Canada over President Donald Trump’s steel and aluminum tariffs. Social media has erupted with calls to buy Canadian and boycott ...NBC News - Mar. 13 -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - Mar. 12 -
Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - Mar. 12 -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 6d -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - Mar. 13