News

Fed officials expect tariffs to boost prices; White House downplays risk
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Federal Reserve officials said on Tuesday that higher prices are coming ...
Supreme Court Order Casts Fresh Doubt on U.S. Exceptionalism, Jefferies Says
The Supreme Court granted President Trump’s emergency request to fire federal commissioners but signaled the Federal Reserve was off limits from White House interference. Strategists at Jefferies ...
Steve Bannon Predicts Massive Cash Flow From Tariffs As Trump Tightens Grip
Former White House advisor Steve Bannon predicted on Friday that President Donald Trump’s tariff strategy will generate up to ...
Powell Says Fed Won’t Be Rushed, Outlook Depends on White House
Federal Reserve Chair Jerome Powell made clear he won’t be rushed into lowering borrowing costs until there’s more certainty on the direction of trade policy, which will have to come from the White ...
Fed’s Bostic sees one rate cut in 2025 because it will take 6 months to assess tariffs’ economic impact
Atlanta Fed President Raphael Bostic explained it would take time for the central bank to fully understand the economic ...
Federal Reserve governor warns US deficit 'not sustainable' as Treasury bond demand weakens
Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts widening the federal budget deficit.
Can Tariffs Replace Taxes? Ex White House Advisor Says Yes
U.S.WASHINGTON, May 23, 2025 (GLOBE NEWSWIRE) -- According to former White House and Pentagon Insider Jim Rickards, two major shifts are now unfolding: the possible closure of the IRS and the ...
White House hits out at Walmart over tariff-related price hikes
The White House is defending its tariff regime after Walmart plans price hikes at its thousands of retail stores nationwide. The retail giant announced it will need to raise prices over the summer due ...