The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
Category: United States Economy
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I.M.F. Raises Global Growth Outlook as U.S. Looks to Avert Trade Wars
The International Monetary Fund warned that trade tension continued to be a risk for the global economy.
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Trump Is Winning His Trade War. What Will That Mean for the Economy?
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.
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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.
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Where Is the Economy Going? A ‘Monster Week’ of News Could Help Decide.
This week will bring a flood of economic data, as well as major policy decisions on trade and interest rates.
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Europe, Worried by Other Global Crises, Agrees to Trump’s Trade Deal
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.
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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.