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Extracted Claims (29746)

A key measure of underlying inflation rose in July as President Trump’s tariffs intensified price pressures across a wider range of consumer goods and services, although the overall increase was likel... 0.900

👤 Colby Smith 📋 News Article 🏷️ Economics , Finance

Simplified: Underlying inflation rose in July due to Trump's tariffs intensifying price pressures.

1 sources

6 days ago
What Is a Central Bank, and Does the U.S. Have One? 1.000

👤 The author 📋 Informational 🏷️ Finance , Economics

Simplified: This document discusses central banks and whether the U.S. has one

1 sources

6 days ago
What Is the International Monetary Fund (IMF)? 1.000

👤 The author 📋 Informational 🏷️ Finance , Economics

Simplified: This document discusses the International Monetary Fund

1 sources

6 days ago
1913 Federal Reserve Act: Definition and Why It's Important 1.000

👤 The author 📋 Informational 🏷️ Law , Finance , Regulation

Simplified: 1913 Federal Reserve Act is important

1 sources

6 days ago
In addition, all the remaining 7 Reserve Bank presidents attend FOMC meetings and participate in FOMC deliberations. 1.000

👤 The author 📋 Informational 🏷️ Government , Finance , Economics

Simplified: 7 Reserve Bank presidents attend FOMC meetings and participate in deliberations.

1 sources

6 days ago
The FOMC's 12 voting members include the 7 members of the Board of Governors; the president of the Federal Reserve Bank of New York; and 4 of the remaining 11 Reserve Bank presidents, who serve one-ye... 1.000

👤 The author 📋 Informational 🏷️ Government , Finance , Economics

Simplified: FOMC's 12 voting members include 7 Board of Governors members New York Fed president 4 Reserve Bank presidents.

1 sources

6 days ago
The FOMC's monetary policy actions influence interest rates and credit conditions, which can significantly impact financial conditions, including economic productivity and even spending and investment... 1.000

👤 The author 📋 Informational 🏷️ Economics , Finance , Policy

Simplified: FOMC monetary policy influences interest rates credit conditions impacting financial conditions economic productivity spending investment.

1 sources

6 days ago
The FOMC makes all decisions regarding the appropriate position or "stance" of monetary policy to help move the economy toward the congressionally mandated goals of maximum employment and price stabil... 1.000

👤 The author 📋 Informational 🏷️ Economics , Finance , Policy

Simplified: The FOMC decides monetary policy to move the economy toward maximum employment and price stability.

1 sources

6 days ago
The Federal Open Market Committee, or FOMC, is a 12-person group of Federal Reserve System officials that sets crucial U.S. monetary policy at meetings held at least 8 times each year. 1.000

👤 The author 📋 Informational 🏷️ Government , Finance , Economics

Simplified: The FOMC is a 12-person group setting U.S. monetary policy at least 8 times yearly.

1 sources

6 days ago
He predicted that automakers would start raising prices significantly early next year. 0.600

👤 Lenny LaRocca 📋 News Article 🏷️ Economics , Business

Simplified: LaRocca predicted automakers would start raising prices significantly early next year.

0 sources

6 days ago
The carmakers also haven’t been hit by the full force of tariffs yet. 0.900

👤 The author 📋 News Article 🏷️ Economics , Business

Simplified: Carmakers haven't been hit by the full force of tariffs yet.

0 sources

6 days ago
That is good news for Mr. Trump and Republicans in Congress because it insulates them from the political consequences of higher sticker prices, which would also contribute to inflation. 0.700

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Low car price impact is good news for Trump and Republicans insulating them from political consequences.

0 sources

6 days ago
By the end of the year, if not sooner, tariffs as much as 27.5 percent on cars and car parts will force sticker prices to rise significantly, analysts say, pushing new vehicle purchases out of the rea... 0.700

👤 analysts 📋 News Article 🏷️ Economics , Business

Simplified: Tariffs of 27.5 percent on cars will force sticker prices to rise significantly by year's end analysts say.

0 sources

6 days ago
So far President Trump’s trade polices have had almost no effect on new car prices. 0.800

👤 The author 📋 News Article 🏷️ Economics , Business

Simplified: President Trump's trade policies have had almost no effect on new car prices so far.

0 sources

6 days ago
Tariffs have chopped billions of dollars from carmakers’ bottom lines. 0.900

👤 The author 📋 News Article 🏷️ Economics , Business

Simplified: Tariffs have chopped billions of dollars from carmakers' bottom lines.

0 sources

6 days ago
The central bank has kept interest rates unchanged for months as it assesses the impact of the president’s policies. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: The central bank has kept interest rates unchanged assessing the president's policies.

0 sources

6 days ago
The Fed’s preferred measure of inflation was up 2.6 percent in June from a year earlier, remaining above the central bank’s long-term target of 2 percent. 1.000

👤 The author 📋 News Article 🏷️ Economics , Finance

Simplified: The Fed's inflation measure was up 2.6 percent in June above the 2 percent target.

0 sources

6 days ago
Soon after the release of the last inflation report, which showed that the price of clothing and other tariff-sensitive items rose in June, Mr. Miran accused critics of trying to “read their preferred... 0.900

👤 The author 📋 News Article 🏷️ Economics , Inflation

Simplified: Stephen Miran accused critics of trying to read their political narrative into inflation data.

0 sources

6 days ago
Stephen Miran, the chair of the White House Council of Economic Advisers, has forcefully argued for months that tariffs haven’t caused prices to rise. 0.900

👤 The author 📋 News Article 🏷️ Economics , Trade , Tariffs

Simplified: Stephen Miran argued tariffs haven't caused prices to rise.

0 sources

6 days ago
At the White House, Mr. Miran largely has maintained that foreign suppliers have eaten the cost of President Trump’s ever-expanding taxes on imports. 0.900

👤 The author 📋 News Article 🏷️ Economics , Trade , Tariffs

Simplified: Stephen Miran maintained foreign suppliers have eaten the cost of Trump's import taxes.

0 sources

6 days ago