The Myth of Tariff-Related Inflation Faces More Challenges
Consumer Prices Show Few Signs of Tariff Impact It seems that the Consumer Price Index (CPI) is, once again, not showing the expected inflation due to tariffs that economists and the media have often warned about. For years, we’ve heard that tariffs are merely taxes on consumers, designed to drive up costs on everyday items, […]
July minutes reveal that worries about tariff-related inflation led to stable interest rates.
Federal Reserve’s July Meeting Insights The Big Money Show Panel has been diving into President Donald Trump’s ambitions to reshape the Federal Reserve under Jerome Powell. Recently released minutes from the Federal Reserve’s July gathering depict a cautious stance among policymakers, highlighting greater concern over inflation risks tied to tariffs than the labor market when […]
Gold futures reach record peak amid tariff-related concerns
US Gold Futures Reach Peak Amid Import Duty Concerns On Friday, U.S. gold futures soared to record levels, primarily due to uncertainty surrounding potential country-specific import duties on gold bars, which are the most commonly traded form of gold. While spot prices have seen a slight decrease, they’re still on course for gains over the […]
Federal officials call for patience regarding interest rate choices due to tariff-related uncertainties.
Bostic Warns of Long-Term Inflation from Tariffs Atlanta Federal Reserve President Rafael Bostic expressed concerns on Thursday about the potential for tariffs to create long-lasting inflation. He emphasized that this doesn’t just represent a temporary spike in costs. Bostic pointed out that, according to standard economic theories, the expected combination of geopolitical changes and new […]