Several economic reports are set to be released this week. Here's what to watch for.
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Ongoing trade negotiations
The
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In April, Trump
Meanwhile, on Thursday, the US Court of Appeals will hear arguments on whether Trump had the authority to
Fed rate decision
Federal Reserve officials will meet Wednesday to decide on interest rates, amid ongoing political pressure from the White House.
While Trump has
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President Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve's headquarters renovation project in Washington, D.C., on July 25.
Chip Somodevilla/Photographer: Chip Somodevilla/G
Inflation
The Fed's inflation gauge, the Personal Consumption Expenditures index, will be released on Thursday.
Inflation
Rising inflation has created a political challenge for Trump, who campaigned on lowering costs but has since imposed a series of tariffs that have added pressure on businesses and consumers.
Despite the increase,
Trump's global tariffs deadline
On April 2,
As that 90-day period drew to a close earlier this month, Trump sent letters to some countries notifying them of their updated tariff rates, which are scheduled to take effect Aug. 1.
Related
:
On Sunday, Trump
Trump reached a similar
Jobs report
The Labor Department will release the monthly jobs report on Friday, provide yet another clue about the state of the economy.
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Material from the Associated Press were used in this report.
Alyssa Vega can be reached at
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