Federal Reserve officials are being forced to address the potential impact of tariffs on inflation, with policymakers expressing concerns about the uncertainty surrounding President Trump’s trade policies. The looming threat of tariffs could lead the Fed to hold interest rates higher for longer if inflation rises significantly. While Fed Chair Jerome Powell has refrained from commenting on fiscal policy, other officials like Chicago Fed President Austan Goolsbee and Boston Fed President Susan Collins are closely monitoring the situation and evaluating the potential long-term effects of tariffs on the economy.
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US passenger sues Singapore Airlines, claims allergic reaction to shrimp meal
A New York pediatrician, Dr. Doreen Benary, has sued Singapore Airlines after suffering a severe allergic reaction due to being served a shrimp meal, despite informing the crew of her allergy. The incident, which required an emergency diversion to Paris for medical treatment, has prompted her to seek damages for pain, suffering, and loss of enjoyment of life. Need More Context? 🔎
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