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7 stories tagged with “Inflation”
The FOMC voted 9-3 to keep the federal funds rate at 3.5%–3.75%. Hammack, Kashkari, and Logan wanted a quarter-point increase as inflation stays above 2%.
U.S. inflation jumped to 3.8% in April as energy and grocery costs surged during the Iran conflict, creating a political crisis for the White House.
Republicans struggle with 3.8% inflation and rising energy costs ahead of the 2026 midterms as Trump prioritizes a $1 billion White House ballroom.
Polls show Democrats leading 2026 midterms as Trump’s approval sinks amid $4.56 gas prices, the Iran war, and controversial deregulation efforts.
President Trump faces sub-40% approval as Iran war costs drive gasoline prices to $4.52 and bipartisan pressure mounts over his China-Taiwan policy.
Republicans differ on Donald Trump’s role in 2026 midterms as Jerome Powell exits the Fed and Xi Jinping warns of Taiwan conflict.
Goodwill stores are experiencing record growth, exceeding $7 billion in revenue in 2025, driven by economic uncertainty, sustainability trends, and a shift in consumer perception.