Trump, tariffs and Inflation
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Cryptopolitan on MSNTrump demands historic rate cut as inflation threat loomsThe US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.
As President Donald Trump continues to fume over Federal Reserve policy, a new report finds inflation is up, while consumer spending and income are down.
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The president warned that any retaliatory tariff increases by Canada will be matched and added to the existing 35% levy.
Sen. Tammy Baldwin (D-Wis) said Wednesday that President Trump firmly placed his stamp on the U.S. economy with his tariff policies, and is to blame for the “uncertainty” and “chaos” that has
President Donald Trump fired back at Democrats on Wednesday over their inflation messaging, declaring on Truth Social that he “brought down costs more than any President in recorded history” and calling Democratic claims “a total LIE.
Bloomberg on MSN54m
Plurimi's Armstrong on European Equities, Inflation RiskPlurimi Wealth Chief Investment Officer Patrick Armstrong discusses the potential impact of US tariffs on Europe. "I think the EU has got enough clout that any deal will not basically get rid of European manufacturing,
The White House has stepped up its attacks on Federal Reserve Chair Jerome Powell, criticizing him over renovations at the central bank's Washington, D.C. headquarters.