Comments from two officials, both appointed by President Trump, suggest a split among policymakers.

President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East…

Current and former employees at the Bureau of Labor Statistics, Census Bureau and other agencies say they have confidence in the numbers.

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.

A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.

Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.

Reducing federal support for research and development could cause long-run economic damage and reduce government revenue.

Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.

A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.