Nation May 29 Trump meets with Jerome Powell, the Fed chairman he has repeatedly scorned President Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s outlook for interest rates, the Fed said.
Nation May 19 Economists say Trump’s tariffs are unpredictable and still working their way through the system Trump’s tariffs are still huge, unpredictable and working their way through the system.
Nation May 15 Retail sales slow a month after Americans ramped up shopping to get ahead of tariffs U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs.
Economy May 13 Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries.
Economy May 07 WATCH: Powell holds news conference after Fed leaves key interest rate unchanged The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year.
Nation May 05 Despite Trump’s pressure, Federal Reserve likely to keep rates unchanged this week The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.
Nation Apr 30 Shipments from China fall as Trump’s tariffs loom over economy The president’s massive and unpredictable taxes on imports seems likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks.
Politics Apr 30 As Trump trade wars disrupt businesses, U.S. economy shrinks 0.3 percent in first quarter The January-March expansion was the slowest in almost three years and was down from 2.4 percent in the last three months of 2024.
Nation Apr 29 As trade war stokes anxiety, consumer confidence plummets to COVID-era lows Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19 as worries about the impact of tariffs take a heavy toll on consumer expectations for future growth.
Economy Apr 22 IMF drops global economic growth forecast amid uncertainty around Trump’s tariffs The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely.