The Latest Breaking News from Skyler Weinand

Trump Slams Powell, Defends Tariffs As Economists Eye Fed Cuts

U.S. inflation in July offered a split verdict for policymakers, with cooling headline prices but hotter core readings, fueling market bets on a September Fed rate cut and prompting President Donald Trump to publicly pressure Jerome Powell once again.

Benzinga · Aug 12, 2025

Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cut rates this fall

Fitch Ratings’ head of U.S. economic research called the CPI report “a delightful appetizer while we await the main course.”

Fortune · Jun 12, 2024