Fed, Trump
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Trump, inflation and tariff
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President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell.
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s bid to assert control over the Federal Reserve and drive down interest rates could trigger a surge in inflation expectations that pushes up long-term borrowing costs.
The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."
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.
Slingshot News on MSN8hOpinion
'I Brought Costs Way Down': Donald Trump Claims He Has Inflation 'Totally Under Control' In Remarkable Display Of DelusionDonald Trump gaggled with the press during a multilateral lunch with African leaders at the White House on July 9, 2025. Trump spewed lie after lie about the apparent success of his economy, claiming that he brought costs "way down" and that the administration has inflation "totally under control.
P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the Federal Reserve to cut interest rates immediately.
A new report found inflation on the rise in June, another indicator of the affect Donald Trump's tariffs are having on the US economy.
9hOpinion
Slingshot News on MSN'Tariffs Would Slow Inflation': Donald Trump Disgraces Himself By Peddling Lies About His Nonsensical Tariffs At White House LuncheonDuring a multilateral lunch event with African leaders at the White House last week, Donald Trump peddled lies about his nonsensical tariffs. A disingenuous reporter praised Donald Trump for correctly assessing that he was right about his tariffs lowering inflation.