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Why Trump鈥檚 Economy Hasn鈥檛 Cracked Under Tariffs (Yet) | WSJ
- [Narrator] The US economy is facing a make or break moment. - And our country's becoming very rich. - [Narrator] Key economic data is painting a murky picture.Inflation has so far defied the worst of economists' expectations, and the US consumer remains strong, but pockets of weakness in the labor market and slower growth are raising red flags. - I think most economists expected this summer to really be that period where, you know, you begin to see the effects, and I think we're now like we're right at th ...
X @Bloomberg
Bloomberg 2025-08-07 13:12
The key UK interest rate has been cut to 4%. But the Bank of England struck a more cautious note than markets had expected, with stubborn inflation leaving the vote on a knife-edge. Will we see another reduction before the end of this year? https://t.co/8MzHtHlZ27 ...
Putting trade in America's favor: Treasury Secretary on new Trump tariffs
MSNBC 2025-08-07 12:51
As of midnight this morning, President Trump's tariffs on dozens of America's trading partners are in effect right now. A variety of products will be hit. From European appliances to Japanese cars to toys from China and TVs from South Korea.The overall average effective tariff rate is now more than 17% which is the highest level in nearly a century. Meanwhile, Trump announced yesterday he will double tariffs on India to 50% due to the country's purchases of Russian oil. That is set to go into effect later t ...
X @Bloomberg
Bloomberg 2025-08-07 12:40
Mexico Annual Inflation Hits Lowest Since 2020 Before Banxico Vote https://t.co/ge7Kd54vEa ...
X @Anthony Pompliano 馃尓
The Internet revealed who was a critical thinker in financial markets and who wasn鈥檛.Did you understand bitcoin? Did you realize inflation was coming in 2020? Did you fall for the tariff empty shelf narrative of 2025?Think for yourself or your portfolio will suffer. ...
X @Bloomberg
Bloomberg 2025-08-07 12:02
With inflation soaring and dollars in short supply, Bolivians are turning to crypto to shop, save and survive https://t.co/5R6V73JpUE ...
X @Bloomberg
Bloomberg 2025-08-07 10:25
Japan cut its growth forecast for the current fiscal year as US tariffs and persistent inflation weigh on the economy, complicating the policy course of the Bank of Japan https://t.co/WXDrFv8ssA ...
X @Bloomberg
Bloomberg 2025-08-07 10:20
Serbia鈥檚 central bank kept interest rates unchanged for an 11th month with growing inflation risks taking precedence over weaker economic growth https://t.co/Kwke6sYOqa ...
X @Bloomberg
Bloomberg 2025-08-07 06:48
Sweden鈥檚 core inflation rate fell slightly more than analysts expected last month, likely backing the case for the country鈥檚 central to cut interest rates later in August to support the misfiring economy https://t.co/Jojjihz0TD ...
X @Bloomberg
Bloomberg 2025-08-07 04:08
For European Central Bank officials marking the achievement of price stability within the euro zone, there鈥檚 a caveat: inflation at 2% is all a bit relative https://t.co/hol9N1P2SK ...