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Trump, Inflation

Trump’s combustible mix: tariffs, inflation, and Fed meddling

Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.

ABC News on MSN · 2d

Inflation surged in June amid tariffs as Trump declared 'inflation is dead'

Egg prices cooled significantly in June, deviating from an overall rise in prices. The price of eggs climbed 27% over the year ending in June, which marked a slowdown from 41% year-over-year growth in May. Under Trump, inflation has defied doomsday predictions and helped to propel sturdy economic performance.

The New York Times · 1d

Rising Inflation Underscores Risks in Trump’s New Tariff Threats

New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.

Fed, Trump

Politico · 17h

Why Some Trump Allies Want to Protect the Fed’s Independence

The president keeps threatening to fire Jerome Powell. There are reasons beyond market reaction why he might regret following through.

CNN · 19m

Can Trump fire the Fed Chair? He’s building a $2.5 billion excuse

The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire Federal Reserve Chairman Jerome Powell.

U.S. News & World Report · 19h

Trump Says He Would Love for Fed Chair Powell to Resign

U.S. President Donald Trump said he would love for Federal Reserve Chair Jerome Powell to resign but acknowledged that many have said it would disrupt the markets if the president were to remove him.

2don MSN

Trump reacts to inflation news with fresh demand

P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the ...

3hon MSN

Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates

Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest ...

1hon MSN

Americans No Longer Trust Trump To Handle Inflation

President Donald Trump swept into office in January with a promise to tackle what he called the "inflation crisis" that had kicked off under his predecessor. "I will direct all members of my cabinet ...

AlterNet on MSN2h

'It’s a pain': Trump-era inflation and disasters are spiking insurance in this swing state

If President Donald Trump is relying on low inflation and costs to save him in the mid-terms, one southern swing state may ...

2hon MSN

Elizabeth Warren targets price gouging and Trump in new bill as tariff costs, inflation increase

Elizabeth Warren introduces a price gouging bill to target big companies that use market shocks including a trade war to push through excessive price increases.