Trump, Inflation and White House economic advisor
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1hon MSN
WASHINGTON (AP) — President Donald Trump is hosting a pair of Arab Gulf leaders at the White House on Wednesday as violence between Israel and Syria renewed doubts about his pledge to impose peace on the Middle East. Trump held a meeting in the Oval Office with Bahrain's crown prince and was set to have dinner with Qatar's prime minister.
Meanwhile, the Trump administration wasted no time in gloating over June's jobs report on Thursday ... office and wages continue to rise," White House press secretary Karoline Leavitt said in a statement. "The economy is booming again and it will only ...
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.
Official data shows job creation remained relatively firm in June, despite continued uncertainty about the impacts of the White House's economic policies.
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation that many economists feared.
The chair of the White House Council of Economic Advisers said that some countries that are negotiating with the U.S. could see tariffs delayed.
WASHINGTON (Reuters) -U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.