The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
Category: United States Economy
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Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project
Despite shoppers’ concerns about rising costs, inflation and the government shutdown, retailers predict sales will increase as much as 4.2% over the holidays.
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Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’
In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about raising revenue.
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A Skeptical Supreme Court Puts Trump’s Tariffs and Economic Agenda in Question
President Trump has used his sweeping global tariffs as an economic tool and a political cudgel. A decision invalidating them could hamper his power.
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Key Justices Cast a Skeptical Eye on Trump’s Tariffs
The Supreme Court is considering whether the president acted legally when he used a 1977 emergency statute to impose tariffs on scores of countries.
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Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
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Small Businesses Gear Up for Tariff Fight at Supreme Court
Companies that sell diamonds, plant sensors and wine all have one thing in common: They are weighing in against tariffs in a consequential case.
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China Started Separating Its Economy From the West Years Ago
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
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The Economic and Legal Case Against Trump’s Tariffs
A key part of the president’s trade policy faces scrutiny by the Supreme Court this week, with huge implications for business.
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Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, Stephen Miran Warns
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
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A Month Without Data Muddles the Economic Picture
Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse.