Politics
Fed’s Powell sees Trump’s tariffs RAISING inflation
Noting that President Trump’s tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check and won’t move on interest rates until it gets a clearer picture on the ultimate impacts.
“Our obligation is to keep longer-term inflation expectations well anchored to make certain that a one-time increase in the price level does not become an ongoing inflation problem,” Powell said in a speech before the Society for Advancing Business Editing and Writing annual conference in Arlington, Virginia.
“While uncertainty is high and downside risks have risen, the economy is still in a good place,” Powell said.
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The family of a man fatally shot by ICE this week is calling for an independent inquiry. MS NOW’s Ari Melber reports on the latest developments.
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#ICE #texas
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BREAKING: Kentucky Sen. Mitch McConnell released a statement on questions surrounding his health. In the statement, he says that he suffered a fall last month “which landed me in the hospital” and a “mild case of pneumonia.”
He says he did not suffer a heart attack or stroke, and he has moved from the hospital to a rehabilitation center. He also said that “on the advice of my doctors, I won’t be able to return to the Senate floor to vote quite yet.”
MS NOW’s Rev. Al Sharpton has the latest.
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Texas State Representative and Democratic nominee for U.S. Senate James Talarico joins Morning Joe for a wide-ranging interview. Talarico discusses the recent deadly ICE shooting in Texas, ICE tactics, his border security plan, and his Texas roots.
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#news #politics #JamesTalarico
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Rep. Greg Stanton (D-AZ), member of the Foreign Affairs Committee, joins Alex Witt to discuss the latest U.S. airstrikes on Iran following attacks on ships in the Strait of Hormuz, the new bipartisan housing law and the fatal immigration enforcement operation in Houston.
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#Iran #StraitOfHormuz #Trump
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Jen Psaki rounds up the many ways that Donald Trump is using whatever lever of power he can find to undermine the integrity of elections in the United States, most recently by firing everyone on the Election Assistance Commission. Marc Elias, founder of Democracy Docket explains what Trump is trying to pull.
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#trump #election #security
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