The Age
·general
·2 hours ago
Trump’s man can’t do what the president wants from him
Kevin Warsh takes over as Federal Reserve chair Friday as April inflation jumps to 3.8 percent, the highest in three years, defying Donald Trump's expectations for rate cuts. Middle East conflict has pushed oil prices over 50 percent above pre-war levels, driving broader inflation across groceries, clothing and housing.
Summary by Glance · The Age
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