As the justices weighed the consequences of allowing President Trump to fire a Federal Reserve official, the president reprised his pressure campaign on the central bank.
Category: United States Economy
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Trump’s First Year Could Have Lasting Economic Consequences
President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn they will ultimately weaken the United States.
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Trump’s Trade Negotiator Says Response to Court Loss Would Be Immediate
If the Supreme Court rules against its tariffs, the Trump administration would begin replacing them immediately, said Jamieson Greer, the United States Trade Representative.
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Trump’s Trade Negotiator Says Response to Court Loss Would Be Immediate
If the Supreme Court rules against its tariffs, the Trump administration would begin replacing them immediately, said Jamieson Greer, the United States Trade Representative.
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I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades
The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
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Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
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Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair
The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the chair of the central bank, has shaken up the race to replace him.
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Powell, an Unlikely Foil, Takes On Trump
Jerome H. Powell, the chair of the Federal Reserve, this week tapped a groundswell of support that has been years in the making.
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Earnings Fall Short at Bank of America, Citi, JPMorgan and Wells Fargo
This week, Bank of America, Citi, JPMorgan and Wells Fargo released fraught earnings reports as President Trump’s threatened cap on credit card rates loomed large.
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Food Prices Keep Climbing, Rattling Consumers and Trump
Weather, supply, tariffs, labor and changing consumer habits continue to drive up the cost of groceries. President Trump falsely claims prices are falling.
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Banks Ready Battle Plans to Save Their Credit Card Businesses
“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort to cap interest rates.
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Trump Credits ‘Mister Tariff’ for the Country’s Strength. Economists Beg to Differ.
Many indicators appear to suggest that the United States is growing despite tariffs, not because of them.
