Trump, Fed and Inflation
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Fed, Trump and Jerome Powell
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Raw Story on MSNTrump's latest economic brag was fact-checked before he even posted itPresident Donald Trump took to Truth Social Tuesday to claim that prices were down and the economy was doing great — but the comment came after the numbers were released proving otherwise. "Consumer Prices LOW.
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Amazon S3 on MSNTrump's Ouster Of Fed Chair Powell Could Trigger 'Collapse' Of Currency And Bond Market, Deutsche Bank WarnsDeutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
Donald Trump said on Tuesday that consumer prices were low and the Federal Reserve should bring down interest rates now.
Analysts at Deutsche Bank consider the president's removal of Fed chief Jerome Powell "one of the largest under-priced event risks over the coming months."
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.
EU, Mexico press for trade deal, inflation data coming this week, major banks kick off earnings season, and more news to start your day.
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ABS-CBN on MSNTrump vows revenue from tariffs will reach 'extremely strong levels' in about a monthUS President Donald Trump predicted a sharp increase in tariff revenue in a month, telling reporters at Joint Base Andrews that duties on imports will soon reach what he called "extremely strong levels.