German economy to stagnate even if Trump scraps ‘reciprocal’ tariffs, say forecasters
German economic institutes on Thursday cut their growth forecast for this year to 0.1% from the 0.8% expected in September,…
Kansas City Fed’s Schmid to stay focused on inflation in light of tariff risks
Kansas City Federal Reserve President Jeff Schmid said on Thursday he will remain “squarely focused” on inflation and the risk…
Fed’s Bowman vows ‘pragmatic’ rulemaking as top bank regulator
Federal Reserve Governor Michelle Bowman told lawmakers on Thursday that she would overhaul how the U.S. central bank monitors large…
US consumer prices unexpectedly fall in March
U.S. consumer prices unexpectedly fell in March, but inflation risks are tilted to the upside after President Donald Trump doubled…
Soft March CPI strengthens case for rate cuts in China
Deflationary pressures remain significant CPI inflation rose slightly from -0.7% year-on-year to -0.1% YoY in March, coming in softer than…
A test of endurance is underway as Trump narrows trade war focus on China
Tariff escalation abruptly sends trade friction into the endgame As my colleagues have covered in an earlier piece, Trump’s latest…
Report: Supply Chain Index Declines as Tariffs Hit Economy
The economy could be headed for a downturn as the supply chain starts to contract amid tariff policies and rising…
Trump’s tariff formula confounds the world, punishes the poor
Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, Donald Trump’s formula for calculating those levies has…
Amid turmoil over tariffs, Bessent rises in Trump trade world
Minutes after President Donald Trump announced a 90-day pause on a tariff plan that triggered a stock market rout and…
Some US consumers stockpile goods ahead of Trump’s new tariffs
Pushing a shopping cart down the aisle of a Walmart WMT Supercenter, Thomas Jennings, 53, loaded up on juices, condiments…