Australian Dollar strengthens as inflation measure increases in April, attention on US ISM Services PMI – FXStreet
The Australian dollar has gained strength following Prime Minister Anthony Albanese’s victory in securing a second three-year term during the 2025 federal elections. Australia’s Judo Bank Combined PMI reported a figure of 51.0 in April, indicating its seventh month of expansion. President Trump has confirmed he will not replace Federal Reserve Chairman Powell before his […]
Inflation is a result of the Fed’s mistakes, not a consequence of Trump’s tariffs.
On April 16th, Federal Reserve Chairman Jerome Powell indicated that the tariffs proposed by President Donald Trump might lead to increased inflation. This assertion begs a closer look at established economic principles. So, do tariffs genuinely drive inflation? Classical economics identifies three primary sources of government funding: taxes, debt, and inflation. Taxes, which come from […]
Australians Cast Their Votes in Election Influenced by Inflation and Trump
On Saturday, Australians will head to the polls to select their next government, with the race heavily influenced by issues like the cost of living, climate concerns, and the impact of Trump’s tariffs. From remote desert towns to bustling harbor cities, voters will choose between the current Prime Minister, Anthony Albanese, representing the left, and […]
Fed’s favored inflation gauge showed price growth slowed in March
Forbes Chairman and Editor-in-Chief Steve Forbes warns of US prices rising amid global tariff tensions and rising among Federal Reserve leaders. The Federal Reserve's priority inflation gauge showed price growth slowed in March, indicating that inflation was close to central bank target rates. On Wednesday, the Commerce Department reported that the Personal Consumption Expense (PCE) […]
Harris Faulkner Asks Democrat Why His Party Didn’t Unveil ‘Better Ideas’ When Inflation Skyrocketed Under Biden
Fox News host Harris Faulkner called out a Democrat guest on Monday to ask why the party didn’t reveal “better ideas” about the economy when inflation reached 9%. Democrat Alexandria Ocasio-Cortez, along with Vermont Sen. Bernard Sanders, leads an “anti-orical key” tour targeting President Donald Trump and senior White House adviser Elon Musk. Faulkner asked […]
Consumer sentiment falls to lowest level since postpandemic inflation peak
Consumer sentiment has been heading to its lowest level in April since the peak of post-pandemic inflation surges as President Trump’s trade battles shook the global economy. Sentiment fell 8.4% between March and April, down 32.4% from a year ago, falling to its lowest point since July 2022, according to a consumer survey from the […]
Trump tariffs ‘highly likely’ to lead to temporary rise in inflation: Fed’s Powell
The “Big Money Show” panel describes Federal Reserve Chair Jerome Powell’s warning about the impact of tariffs on inflation. Federal Reserve Chairman Jerome Powell said Wednesday that central banks could face a “challenging scenario” as they contest President Donald Trump’s tariffs. Powell said the US trading partner obligations imposed by the White House were “significantly […]
Bank of Canada holds key interest rate at 2.75% despite weakening inflation, as tariff war threatens global economy – Yahoo Home
On the uncertainty of the Canadian trade war: “Dramatic protectionist shifts in US trade policy and chaotic offerings have led to increased uncertainty, shaking financial markets, lowering global growth prospects, and increasing expectations of inflation. The path to US trade policy is highly unpredictable. “We still don’t know if tariffs will be imposed, if they […]
UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates | Inflation
UK inflation fell to 2.6% in March, increasing pressure on Bank of England policymakers next month. Price growth was lower than the expected rise in April as households began to pay higher council taxes and utility bills and pay the uncertain outlook brought about by Donald Trump’s tariff war. Last month’s reading was below The […]
EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data – FXStreet
EUR/USD is supported by improving global risk sentiment. The euro could face headwinds as the market expects a 25 basis point rate cut by the ECB on Thursday. The CME FedWatch tool shows the market is priced at around 85 basis points by the end of the year. EUR/USD traded around 1.1340 during Asian time […]