The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite.
Category: United States Economy
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Trump Proposes $163 Billion in Cuts Across Government in New Budget
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout
Wall Street has recovered from April’s sharp sell-off, buoyed by hope for trade talks. But the economic fallout from President Trump’s policies still has investors on edge.
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For the U.S. and China, the Only Talking Is About Whether to Talk
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
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Here’s the latest.
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Here’s the latest.
Many of the suggested cuts, which would require congressional approval, target federal programs that benefit the poor.
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
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Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
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U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
Confidence in the world’s reserve currency is in doubt, leaving an opening for alternatives like the euro. But it won’t be easy.
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A Tidal Wave of Change Is Headed for the U.S. Economy
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.
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Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
During the first 100 days of the Trump administration, shock waves from the chaotic tariff rollout continue to send tremors through the global financial system.
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U.S. Economy Shrank in First Quarter as Trump Tariffs Loomed
Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.