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The Chronicle Telegram in Elyria, Ohio

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 06, 2025

Page

2

Economic forecasts mix tariffs and growth at summer standstill

The Fed keeps a wait and see stance amid tariff uncertainty and job growth. June added 147000 jobs while wage gains beat inflation, but hiring cooled this year. Markets rebounded after China talks opened. tariffs pause hangs over future growth and inflation risks.

Federal Reserve Jerome H. Powell Trump U.S Diane Swank KPMG White House China Holtz- Eakin

One Big Beautiful Bill Analysis on Tax and Spending

The bill signed by President Trump expands tax cuts and raises deficits with about 4.5 trillion in tax breaks while preserving first term rate reductions. It includes SALT cap changes, expanded deductions, and credits, plus billions for border security and defense. Musk riffs on a new America Party as Congress pushes the package through.

United States Trump Particu Canada Washington Federal Reserve Adriana Kugler Congress U.S White House Donald Trump Senate JD Vance House New York Congressional Budget Office Elon Musk Tesla Inc Musk America Party Department of Government Immigration and Customs Enforcement Border Patrol Pentagon Golden Dome Defense Department

Also Mentioned on This Page

Desai Michael Pearce Oxford Economics Menic Ally S&p Court S&p 500 S&p Capital IQ Bureau of Labor Statistics Bureau of B Chronicle-Telegram Ohio the Chronicle A.C. Hudnutt Arthur D. Hudnutt A. Cooper Hudnutt William D. Hudnutt Elyria Lorain County Printing & Publishing Company The Chronicle Andrew R. Young Ann E. Klunzinger Andrew Julie Wallace Foun Digital Kevin Aprib Bruce Bishop Holly Board Carla Hama Russ Kunkler Kristin Bauer Aileen Valatka Mail & Home Delivery Lorain County Printing and Publishing Company East Ave P.O Kevin Freking Lisa Mascaro Associated Press U.s.-Mexico
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