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Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.The New York Times - 15h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1d -
Oil prices end lower as U.S. crude supplies climb for a third week in a row
Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.MarketWatch - 14h -
Trump wants both lower interest rates and tariffs. Here’s how that could backfire.
Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.MarketWatch - 17h -
Immigration crackdown could lead to a lower U.S. unemployment rate. Here’s why.
The labor market has been reshaped by a surge in the foreign-born population. Now that process is reversing.MarketWatch - 18h -
New inflation numbers are at odds with Donald Trump’s promise to lower prices
The president repeatedly claimed he would lower prices during the election campaign, but that’s not an easy task. Inflation gains speed despite Trump vow to ‘rapidly’ cut prices As tens of ...The Guardian - 18h -
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 18h -
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.NBC News - 20h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 1d -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 1d -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 1d -
South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. ...ABC News - 2d -
Back-to-back storm systems bring heavy snow and arctic temperatures to northern U.S.
The first of these upcoming systems will start from the Plains on Monday, with the heaviest snowfall expected to drop a potential 2 to 5 inches across Kansas.NBC News - 3d -
New Orleans faces warming temperatures amid Super Bowl
New Orleans is bracing for near-record heat this weekend as it prepares to host Super Bowl LIX. But it's not just the Big Easy– rising temperatures are affecting NFL cities across the country. CBS ...CBS News - 4d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 5d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 5d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 5d
