One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy

One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy

Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight

Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight

Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.