Richard

What Trump 2.0 Could Mean for the Federal Reserve

What Trump 2.0 Could Mean for the Federal Reserve

Former President Donald J. Trump relentlessly criticized the Federal Reserve and its Chairman Jerome H. Powell during his time in office. As he competes with President Biden for a second term as president, many on Wall Street are wondering: What would a Trump victory mean for America’s central bank? The Trump campaign doesn’t yet have…

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UK inflation, April 2024

UK inflation, April 2024

The war between Russia and Ukraine – both major producers of food and energy – has disrupted global production, trade and supplies in these areas and caused prices to rise. Solstock | E+ | Getty Images Inflation in the United Kingdom was stronger than expected, falling to 2.3% in April, the Office for National Statistics…

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Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds

Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds

American households struggled to cover some everyday expenses, including rent, in 2023, and many remained gloomy about inflation even as price increases slowed. That’s one of several findings from a new Federal Reserve report on the financial well-being of American households. The report suggested that the financial circumstances of American households remained similar compared to…

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Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

The recent agreement between France and Germany to jointly develop a new multibillion-dollar battlefield tank was immediately hailed as a “breakthrough” by German Defense Minister Boris Pistorius. “It’s a historic moment,” he said. His enthusiasm was understandable. For seven years, political infighting, industrial rivalries and neglect had centered like molasses around the project to build…

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