It’s July 10th. Today, we Skimm’d This:
The Federal Reserve has interest rates on the mind. Today on the Hill, Fed Chair Jerome Powell hinted at his thoughts. We don’t hear from him a ton - but we’ll explain why we should all be listening now.
The UK’s ambassador to the US is in some hot water. Some of his comments about President Trump leaked. And he’s put himself back on the job market. We’ll break down what happened here.
The USWNT is swimming in victories. And: ticker tape. If you were wondering what that’s all about: we’ve got you covered.
And finally: you might notice some price changes due to the US-China trade war. One of them might surprise you.
theSkimm: Today, the Federal Reserve’s top guy Jerome Powell spoke. He doesn’t do that much. But when he does - it’s important. Especially when it comes to interest rates. We’ll tell you what you – and your wallet – need to know. Meanwhile, there is drama going down across the pond. (Again.) Some comments the UK ambassador to the US made about President Trump leaked. Now, the ambassador is saying ‘cheerio’ to his post. We’ll explain. Also on today’s episode: why ticker tape parades are a thing, and the unexpected impacts of tariffs.
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It influences what you pay to borrow money and more.
Two of the world's biggest economies are at war. A trade war that is. And they’re trying to talk things out.
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