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Trump claims 78 per cent drop in US trade deficit; credits tariffs for eco
Updated : 3 weeks, 2 days ago IST
President Donald Trump claimed the US trade deficit shrank by 78 per cent due to tariffs. However, official data showed the deficit rebounded sharply in November last year. Reports highlighted trade volatility, falling exports, rising imports, and economists' warnings about temporary fluctua
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US federal reserve's main inflation gauge hits 30-Year High in September:
Updated : 4 years, 4 months ago IST
Washington [US], October 29 (ANI/Sputnik): The US Federal Reserve's annual inflation gauge hit a 30-year high in September, Commerce Department data showed on Friday, keeping the pressure up on the central bank's policy makers as well as the Biden administration in reigning in surging costs.
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