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Black Friday spending was strong, but the numbers don't tell the full story. CNN's David Goldman explains how inflation can make the US economy seem healthier than it actually is. Read more: https://cnn.it/3Mfja5M | CNN
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'It's really tariffs that's causing the most of the inflation overshoot.' The US Federal Reserve has lowered interest rates for the third time this year, lowering the target for its key lending rate by 0.25 percentage points. Powell also said the current overshooting of the central bank's 2% inflation target is mostly the result of Trump's import tax hikes. #Powell #JeromePowell #USFed #Fed #FederalReserve #Trump #GDP #Inflation #RateCut #CNBCTV18Digital | CNBC-TV18
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