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Americans face soaring coffee costs due to tariffs and production issues
Former Trump senior economic advisor Steve Moore discusses the Federal Reserve’s role in the U.S. economy, the president’s tariffs and more on ‘The Bottom Line.’ Americans are paying more for their coffee as prices for the caffeinated commodity are near record levels due to global production headwinds and higher costs from imported coffee exposed to […]
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
Former J.P. Morgan Chase chief economist Anthony Chan discusses Treasury Secretary Scott Bessents prediction of a sharp drop in inflation on Varney & Co. The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening labor market following last […]