The framework agreement will likely not do much for economic growth on either side. But it avoids new fissures on other foreign policy issues, particularly the war in Ukraine.
Category: United States Economy
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Zillow Is Growing When the Housing Market Is Frozen
Through boom and bust, Jeremy Wacksman says people keep coming to the listings site to “gawk” and “dream.”
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Investors See Few Alternatives to U.S. Treasuries. Could Europe Make One?
As President Trump’s chaotic economic policies provoke questions about U.S. stability, a proposal for European countries to issue joint debt has drawn attention.
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Behind a Maine Coffee Company’s Decision to Raise Prices
Like many companies, Rock City Coffee resisted increasing prices as President Trump’s trade war drove its costs up. Then it ran out of options.
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The Fed Renovations Fueling Trump’s Anger at Jerome Powell
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.
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Trump’s Tariffs Are the Highest in a Century. But After His Threats, They Seem Like a Relief.
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
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Global Markets Rally on Japan Deal Euphoria
But more big tests loom with trade talks still continuing between the Trump administration and counterparts in China and the European Union.
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Philippines’ Leader Meets With Trump to Clinch Trade Deal
President Trump announced that he had secured a deal with the country that will leave a 19 percent tariff in place, though no details were immediately available.
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White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion revamp of the central bank’s headquarters.
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Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
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Trump Wants Lower Rates. Firing Powell Could Push Them Higher.
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.
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Despite Dire Warnings, the Economy Is Holding Up. Can That Last?
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.