The IMF warns that President Trump's tariffs could lead to a significant slowdown in global economic growth, predicting a drop from 3.3% to 2.8% this year. With rising trade tensions, fears of a recession loom large as investors react to the unpredictable economic landscape.
China's central bank has kept its loan prime rates steady, focusing on stabilizing the yuan amid U.S. trade tensions. Despite positive economic data, deflation raises concerns.
In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.
In a recent speech, Fed Chair Jerome Powell expressed concerns about balancing inflation control and economic growth amid uncertainties from tariffs. With inflation expectations rising, he hints at potential policy adjustments.
Stock futures took a hit on Thursday as investors grappled with tariff fears and prepare for a significant earnings season. With notable declines in major indices, concerns about economic stability are growing.
March's Consumer Price Index reveals a surprising slowdown in inflation, but experts warn that the upcoming impacts of Trump's tariff increases could spell trouble for American consumers.
U.S. stocks saw a decline as trade tensions with China escalate, following Trump's tariff decisions. The EU pauses its retaliatory measures, but concerns remain over inflation and economic growth.
As the US-China trade war escalates, China aims to boost domestic consumption to counteract the impact of high tariffs. But with sluggish recovery and high unemployment, can this strategy succeed?
Recent stock market trends reveal alarming drops in major indexes, with the S&P 500 and Nasdaq suffering their worst performances since the pandemic. What does history say about recovery?
Fed Chair Jerome Powell warns that President Trump's new tariffs could lead to soaring inflation and a slowdown in economic growth. As Wall Street reacts, experts predict significant impacts on jobs and consumer spending.