Trump tariffs push up inflation despite pressure on Fed to cut rates PoliticoHere's how Trump's tariffs could be impacting prices for US consumers CNNRising Inflation Underscores Risks in Trump's New Tariff Threats The New York TimesInflation picks up again in June, rising at 2.7% annual rate CNBC
Dimon warns on Fed independence as Trump piles pressure on Jay Powell Financial TimesBessent Suggests Powell Should Leave Fed Board in May BloombergFed Defends Renovations as White House Widens Attacks on Central Bank The New York TimesTrump economic adviser Kevin Hassett is rising in race for next Fed chief The Washington PostScott Bessent confirms moves to replace Jerome Powell are under way: 'There's a formal process that's already starting'