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Inflation Stays Steady Amid Trade Policy Uncertainty Consumer spending slows as the fed navigates tariff impacts and potential stagflation. Inflation: A Month of Minimal Movement April saw little change in inflation, according to a commerce Department report released Friday. The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, edged up just … Read more
Archyde: Latest World News, Economy, Entertainment, Health, Technology & Sports Updates navigating the Future of U.S. Tariffs: Impacts and Predictions Table of Contents 1. navigating the Future of U.S. Tariffs: Impacts and Predictions 2. Understanding the 10% Baseline Tariff 3. The Government’s Perspective: Who Pays? 4. The Reality: Businesses, Consumers, and Rising Costs 5. Competing … Read more
Trump says he hasn’t seen today’s stock plunge U.S. President Donald Trump and U.S. Secretary of Defense Pete Hegseth attend a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters Asked for his reaction to today’s market sell-off, Trump says, “I haven’t seen it.” “I’ve been here … Read more
Trump rejects EU’s ‘zero-for-zero’ tariff offer Trump is rejecting the European Union’s offer of “zero-for-zero” tariffs with the U.S. for industrial goods. “No, it’s not,” Trump said in the Oval Office when asked if the deal, which European Commission President Ursula von der Leyen floated earlier Monday, was enough. “They’re screwing us on trade,” Trump … Read more
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United … Read more