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European Central Bank Cuts Rates as Trade War Weighs on the Economy
Posted inEuropean Central Bank Inflation (Economics) Interest Rates International Trade and World Market Lagarde, Christine

European Central Bank Cuts Rates as Trade War Weighs on the Economy

It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.
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Posted by By Eshe Nelson
U.S. Is Trimming Back Its Collection of Consumer Price Data
Posted inBureau of Labor Statistics Commerce Department Consumer Price Index Federal Reserve System Inflation (Economics) United States Economy United States Politics and Government

U.S. Is Trimming Back Its Collection of Consumer Price Data

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.
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Posted by By Ben Casselman
PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
Posted inCustoms (Tariff) Federal Reserve System Inflation (Economics) Powell, Jerome H Prices (Fares, Fees and Rates) Trump, Donald J United States Economy United States Politics and Government

PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
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Posted by By Colby Smith
Trump Meets With Powell After Months of Disparaging the Fed
Posted inCustoms (Tariff) Federal Reserve System Inflation (Economics) Powell, Jerome H Trump, Donald J United States Economy United States Politics and Government

Trump Meets With Powell After Months of Disparaging the Fed

Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”
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Posted by By Colby Smith

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