inflation

Fed Chair Powell Blames Trump’s Tariffs for Rising U.S. Prices

Dec 11, 2025

In a rare and pointed acknowledgment, Federal Reserve Chair Jerome Powell publicly linked higher consumer prices to tariffs imposed during the Trump administration, underscoring how past trade policies continue to affect American households. Speaking at a recent press briefing, Powell said that total Personal Consumption Expenditures (PCE) prices rose 2.8% over the 12 months ending…
SCOTUS Update Nov. 5: Justices Signal Potential 6-3 Blow To Trump’s $800 Billion Import Global Tax Regime

Nov 6, 2025

The U.S. Supreme Court appeared poised Wednesday, November 5, 2025, to strike down President Donald Trump’s sweeping tariffs on imports from China and 12 other nations, with several conservative justices joining liberals in questioning whether the administration overstepped its authority under a 1977 emergency powers law. In a rare consolidated hearing of Learning Resources, Inc.…

Fed Chair Powell Blames Trump’s Tariffs for Rising U.S. Prices