The past week was a rollercoaster ride in the world of economics and finance. From President Donald Trump’s tariff threats against Russia to the Federal Reserve’s cautious stance amidst rising inflation, there was no shortage of headlines.
Here’s a quick recap of the top stories that made waves over the weekend.
Trump’s Tariff Threat Draws Criticism
President Donald Trump’s recent threat of imposing a 100% tariff on Russia if no peace deal is reached in Ukraine within 50 days has been met with criticism and mockery from leading economist Justin Wolfers. Wolfers pointed out that the U.S. already has sanctions on Russia, making any tariff figure irrelevant for Moscow at this point.
Trump’s Rate Cut Calls …