Published 19 days ago • loading... • Updated 13 days ago

Powell: Trump tariffs will ‘delay’ progress against inflation

Federal Reserve Chair Jerome Powell stated that Trump's tariffs will worsen inflation and hinder economic stability for consumers and the Federal Reserve's goal of 2 percent inflation.
Judge James Boasberg ordered a pause on deportations, which the Trump administration allegedly defied, prompting criticism from White House Press Secretary Karoline Leavitt.
Democratic lawmakers expressed dissatisfaction with Senate Minority Leader Chuck Schumer's support of budget cuts, leading to calls for his leadership reconsideration.
Powell remarked that inflation is affected by tariffs, noting the Summary of Economic Projections indicates little progress on inflation this year.

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CP24

Center

U.S. ‘may’ exempt some sectors from Trump’s next tariff round, White House says

With a new round of tariffs from U.S. President Donald Trump expected to hit Canada next week, the White House says some sectors could be spared again – at least for now.

13 days ago·Toronto, Canada

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The Toronto Star

Lean Left

It would be foolish to give up our successful supply management system

Because we have a supply management system in place, Trump’s threatened tariffs will have minimal impact on our continued supply of safe, hormone free, milk.

17 days ago·Toronto, Canada

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Zero Hedge

Right

QT-Taper, Now? What Does Powell Know...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

17 days ago·United States

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KGUN 9

Center

Under President Trump the national inflation rate is down while unemployment is slightly higher

At Feast in Midtown, owner Doug Levy said hes expecting to turn a profit for the first year since the pandemic. His business has been having a tough time in recent years and has been impacted by employments issues and inflation.Lately he said inflation has not impacted his business as much as in the past.Its still slowing but its definitely still there, Levy said.However, two years ago he said it was having a bigger effect on him. It especially …

17 days ago

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