Politics
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower…
Tag
Inflation
News
Gold steady near all-time high as Trump’s tariff plans stir inflation woes
GOLD prices on Tuesday hovered near a record high scaled in the previous session, as investors remained anxious that US President Donald…
Business
ECB’s Lagarde says keeping inflation in check is a ‘constant battle’
President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy…
Politics
Republicans Should Get Rid of What’s Left of the Inflation Reduction Act
It’s good politics and good policy to eliminate as many of the act’s remaining environmentalist handouts as possible. Source link
Business
US: Stocks plunge on tariff fears, inflation data
Wall Street stocks plummeted on Friday (Mar 28), with all three major indices ending the day sharply lower in anticipation of a fresh wave…
Business
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
Concerns about inflation and weak consumer sentiment dragged down the stock market on Friday, as Wall Street keeps struggling to assess…
Business
US: Wall St opens lower after data fans inflation worries
Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
US Fed official warns ‘inevitable’ tariffs boost inflation
It seems “inevitable” that Donald Trump’s tariff plans will push up near term inflation, although the increase could be short-lived, a…
Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…
Politics
Fed Chair Says Trump’s Tariffs Are Definitely Making Inflation Worse
Federal Reserve Chair Jerome Powell confirmed that Trump’s tariffs will make inflation worse. “How much of the higher inflation forecast…
Politics
Heavy on migrant crime, light on inflation: 8 takeaways from Trump’s speech to Congress
WASHINGTON — President Trump laid out an aggressive approach to “renewing the American dream” in his address to a joint session of…
Politics
That extra dab of guacamole on your burrito could cost more because of new tariffs
That extra dab of guacamole on a burrito is likely to cost more in coming days. President Trump’s new tariffs, which went into effect…
Business
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
Business
A Trump DOGE Dividend Could Raise Inflation
DealBook’s Lauren Hirsch is in Miami Beach at the FII Priority conference, where President Trump floated the idea of sending Americans a…
Business
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
Politics
Democrats hunt for Trump vulnerability, zero in on inflation
Democrats, scrambling to find a weak spot in President Trump's political armor, are accusing him of abandoning his vow to lower costs for…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
Business
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners,…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…
Business
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite…