Inflation Numbers Create Headache for Trump, Republicans
Hotter-than-expected May 2026 inflation jolts markets, forcing a hawkish Fed repricing and undermining the Trump administration’s midterm economic messaging.
Hotter-than-expected May 2026 inflation jolts markets, forcing a hawkish Fed repricing and undermining the Trump administration’s midterm economic messaging.
Oil price surge and Warsh-led Fed hawkishness wipe out rate-cut bets, lifting the dollar and crushing bonds and equities.
US equity futures retreat from highs while crude oil rallies, setting a cautious tone ahead of CPI data that will test inflation…
Short-term inflation expectations edged up in the latest NY Fed survey, reinforcing the likelihood the Fed will maintain higher interest rates and…