President Donald Trump's harsher-than-expected global tariffs sent economists scrambling to revise their economic estimates.
President Trump's new tariffs have sent expectations of inflation over the next year shooting higher. The CPI swaps market—a venue for betting on future inflation—now reflects expectations that ...
New reciprocal tariffs announced by President Donald Trump, levied on imports from almost all U.S. trade partners, increase the risk of recession and will lead to higher inflation, according to ...
Wall Street economists said the US risks a recession this year and inflation could return to pandemic levels following the ...
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, ...
Investors in financial derivatives called U.S. inflation swaps are betting that President Donald Trump's tariffs will have a ...
An economic treatise by a top Trump adviser is being read as a road map of his tariff policy. But even he says it’s not what Trump is implementing. Staff cuts and disruptions related to the U.S ...
TOKYO -- The drastic rise of rice prices in Japan has not stopped households from buying more of the dietary staple. The price of rice jumped by 70.9% in January from a year earlier, consumer ...
Mr Powell said “hard data” shows the economy is still solid. The Fed chief also went on to express confidence that long-run inflation expectations remain well anchored, despite a series of ...
their way into the economy. Do the right thing.” Powell added that the Fed still expects inflation to get back to nearly 2% by the end of next year. Tariffs could just create a one-time increase ...
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