News Release
Fed decides to maintain interest rates during July FOMC meeting: CEI analysis
Today, the Federal Reserve announced it will maintain interest rates, signaling a continued commitment to the fight against inflation. The Fed is remaining…
News Release
Trump pivot to Section 338 for tariffs poses problems for economy, separation of powers
Citing Section 338 of the 1930 Smoot-Hawley Tariff Act, President Donald Trump on July 20 announced steep 50 percent tariffs on Canadian goods,…
News Release
Trump trade threats over Canada wildfires should trigger clawback of trade power by Congress
On social media today, President Trump threatened to impose extra tariffs on Canada, citing the government’s “willful negligence” in quelling massive wildfires currently causing…
News Release
Inflation drops some in June, does not yet indicate inflation relief is here to stay: CEI analysis
The Consumer Price Index report for June fell 0.4 percent, mostly canceling out May’s 0.5 percent increase. While this may provide some immediate…
News Release
Economy adds 57,000 jobs in June; labor market continues to stabilize: CEI analysis
The labor market gained 57,000 jobs in June, while the unemployment rate remained steady at 4.2 percent. The likelihood of an interest rate…
News Release
Trump administration decides to not renew current USMCA, adds to trade policy uncertainty
Today, the Trump administration announced its intent to not renew the US’s trilateral trade pact with Canada and Mexico, known as the USMCA.