Fed's Bostic: More Rate Cuts Could Reignite Inflation
Further interest rate cuts could put U.S. monetary policy on an accommodative footing that stimulates economic growth and puts the country at risk of a new jump in inflation and inflation expectations, Atlanta Federal Reserve President Raphael Bostic said Tuesday.
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CBP Brings in Record $200 Billion From Tariffs
U.S. Customs and Border Protection announced Tuesday it has collected more than $200 billion in tariff revenue in 2025, a record-setting total the agency credits to trade policies and executive actions implemented by President Donald Trump's administration.
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Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend
Hassett declined in a CNBC interview to directly address his own candidacy but said forging consensus is an important part of the job.
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President Trump's Affordability Crisis
Last month, Democrats won races for governor in Virginia and Pennsylvania and mayor in New York by stressing "affordability."Voters are giving President Donald Trump poor grades on inflation, and that threatens Republicans in Congress running for reelection.
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RNC on Jobs, Wages: 'All We Needed Was New President'
Republican National Committee Chairman Joe Gruters hailed President Donald Trump's economic agenda for recent job and wage gains, citing new federal employment data from November that were released Tuesday morning.
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Retail Sales Flat as Consumer Spending on Solid Footing
U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at the start of the fourth quarter despite the rising cost of living that is forcing some households to scale back.
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