US price gauge steady in July; core inflation ticks higher, Fed cautious on rate cuts
Friday, 29 August 2025 () Despite President Trump's tariffs, the Federal Reserve's preferred inflation measure remained steady in July, while core inflation saw a slight increase, indicating ongoing price pressures. This data reinforces the Fed's cautious approach to interest rate cuts, as inflation remains above the central bank's 2% target. Trump has criticized Fed Chair Powell for not implementing aggressive rate cuts.
#Politics, #CurrentEvents, #FreeSpeech, #Sports, #Gaming, #Esports,US wholesale prices jumped nearly 1% in July — the fastest increase in over three years — as Donald Trump’s tariff war feeds..
In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict..
Friday, 29 August 2025 ()
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