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Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
Read full article: Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and TrumpThe Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and President Donald Trump see the economy.
Will the tariffs lead to a recession? Here's how to know if we're in one
Read full article: Will the tariffs lead to a recession? Here's how to know if we're in onePresident Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.
Trump says he will 'demand' that interest rates come down, but it won't be that simple
Read full article: Trump says he will 'demand' that interest rates come down, but it won't be that simplePresident Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.