Whats going on in the World
- Thread starter cany
- Start date
My my, how times have changed....
www.forbes.com
www.yahoo.com
Trump’s Tariffs Were Much More Damaging Than Thought
Research on the impact of Donald Trump’s trade policy finds to the extent a president manages the economy, Trump managed it poorly.
www.forbes.com
President Biden unveils a historic wave of tariffs on 'strategic' Chinese imports
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
longcast
Well-Known Angler
Just shows you how deep the media is entrenched and want you to believe what THEY want you to believe. The left is a sad, sick bunch. Stay alert!My my, how times have changed....
Trump’s Tariffs Were Much More Damaging Than Thought
Research on the impact of Donald Trump’s trade policy finds to the extent a president manages the economy, Trump managed it poorly.
President Biden unveils a historic wave of tariffs on 'strategic' Chinese imports
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
longcast
Well-Known Angler
Exactly.
longcast
Well-Known Angler
Not sure that is accurate. Those with acute TDS may have HEARD that. Sick people.
Trump trial updates: Michael Cohen testifies that Trump directed him to pay hush money to Stormy Daniels and approved scheme to conceal reimbursement
This is Yahoo News’ succinct update on the criminal and civil cases against Trump. Here are the latest developments.www.yahoo.com
longcast
Well-Known Angler
Here you go........................................My my, how times have changed....
Trump’s Tariffs Were Much More Damaging Than Thought
Research on the impact of Donald Trump’s trade policy finds to the extent a president manages the economy, Trump managed it poorly.
President Biden unveils a historic wave of tariffs on 'strategic' Chinese imports
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
Guess which huge Biden lie CNN refused to fact-check
CNN's big interview with Joe Biden had questions but no fact-checker. So, when the president lied, they didn't say a thing. That's certainly not the treatment Trump gets.
www.foxnews.com
But that wasn't Biden's worst mangle. He claimed to CNN that "no president's had the run we have had, in terms of creating jobs and bringing down inflation. It was 9% when I came to office, 9%."
That's ridiculous! It's a bald-faced lie. Inflation was 1.4%, again, due to the pandemic. Burnett didn't check his facts, during or after the interview. She pushed him to acknowledge inflation was bad, but she didn't suggest he was lying.
The media is more dangerous than ever.
longcast
Well-Known Angler
Trump co-defendants officially file notices of appeal to kick Fani Willis off GA case
Co-defendants in the Georgia election interference case against former President Trump have filed notices of appeal to the Georgia Court of Appeals in their bid to have Fani Willis disqualified.
www.foxnews.com
wader
Well-Known Angler
As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose
At first glance, Dave Langston’s predicament seems similar to headaches facing homeowners in coastal states vulnerable to catastrophic hurricanes: As disasters have become more frequent and severe, his insurance company has been losing money. Then, it canceled his coverage and left the state...
longcast
Well-Known Angler
Strong services fan US producer inflation in April
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation remained stubbornly high early in the second quarter. The report from the Labor Department on Tuesday also showed...
The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. Traders trimmed their expectations for a September interest rate cut from the Federal Reserve.
Strong services fan US producer inflation in April
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation remained stubbornly high early in the second quarter. The report from the Labor Department on Tuesday also showed...
The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. Traders trimmed their expectations for a September interest rate cut from the Federal Reserve.
Inflation report is tomorrow 8:30am...
longcast
Well-Known Angler
Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
The inflation report, set for release at 8:30 a.m. ET, is expected to show headline inflation of 3.4%, a slight deceleration from March's 3.5% annual gain in prices, according to estimates from Bloomberg. Over the prior month, consumer prices are expected to have risen 0.4%, matching March's month-over-month increase.
longcast
Well-Known Angler
But...................
finance.yahoo.com
Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before lowering interest rates.
"We did not expect this to be a smooth road, but these [inflation readings] were higher than I think anybody expected," Powell said during a panel in Amsterdam. "What that has told us is that we'll need to be patient and let restrictive policy do its work."
Fed's Powell: 'We'll need to be patient' on rates
Fed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing interest rates.
Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before lowering interest rates.
"We did not expect this to be a smooth road, but these [inflation readings] were higher than I think anybody expected," Powell said during a panel in Amsterdam. "What that has told us is that we'll need to be patient and let restrictive policy do its work."
wader
Well-Known Angler
we're still in better shape then most of the rest of the WestBut...................
Fed's Powell: 'We'll need to be patient' on rates
Fed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing interest rates.
Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before lowering interest rates.
"We did not expect this to be a smooth road, but these [inflation readings] were higher than I think anybody expected," Powell said during a panel in Amsterdam. "What that has told us is that we'll need to be patient and let restrictive policy do its work."
longcast
Well-Known Angler
Trust the “election” you say…….
www.foxnews.com
Ohio purges 'non-citizens' from state voter rolls, calls on Biden admin for data ahead of 2024 election
Ohio is pushing to identify and purge non-citizens who are registered to vote in the state, requesting further data from President Biden's administration.
www.foxnews.com
Rick67
Well-Known Angler
Today's blub in the NY Times. I'm sure some will spin this as "Jerome, DROP THE PRIME", as opposed of the more appropriate analysis of "Hell, maybe it's working, but a 0.1% drop from March isn't significant and we need a few months of consistent results before any action."But...................
Fed's Powell: 'We'll need to be patient' on rates
Fed Chair Jerome Powell reiterated his stance that the central bank will need to remain patient and see further progress on inflation before reducing interest rates.
Fed Chair Jerome Powell said Tuesday his confidence that inflation will keep cooling is not as high as it was at the start of the year, and that the central bank will need to be patient before lowering interest rates.
"We did not expect this to be a smooth road, but these [inflation readings] were higher than I think anybody expected," Powell said during a panel in Amsterdam. "What that has told us is that we'll need to be patient and let restrictive policy do its work."
What to know about the latest inflation report.
This year began with three uncomfortably hot inflation readings in a row. Economists are hoping that fresh data on Wednesday will finally bring signs of a cool-down.Forecasters expect the Labor Department report to show that the Consumer Price Index climbed 3.4 percent in April from a year earlier. That would mark a slight slowing from the 3.5 percent inflation rate in March.
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