The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin passing through to consumer prices, with tight monetary policy needed to keep inflationary psychology in check,

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

A Federal Reserve governor seen as a candidate to succeed Chair Jerome Powell laid out his strongest case yet for a rate cut this month, aligning himself with President Trump's demands that the central bank lower interest rates.

A new survey by the Federal Reserve reveals President Donald Trump’s sweeping tariffs are already costing consumers. Businesses across the U.S. are reporting rising costs “related to tariffs,” particularly when it comes to buying raw materials, according to the report released Wednesday.

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

Larger U.S. tariffs on imports from the EU would further weaken already anemic growth in the eurozone, likely prompting the European Central Bank to lower borrowing costs.

For decades in the grain industry, we have heard this point repeatedly emphasized: the U.S. dollar is a major factor for importers buying U.S. grains. The U.S. dollar has been in a major downtrend for months, down 11% year-to-date. It was recently announced that the U.S. dollar had its worst 6-month price action since 1973.

Stocks have hit new highs despite President Trump’s escalating trade war. Some traders may be calling his bluff, but Jamie Dimon of JPMorgan Chase advises caution.