Tag: US economy
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Who’s going to ‘eat’ tariffs? Not US shoppers
We are about to find out who is going to “eat” President Donald Trump’s tariffs. Don’t expect US consumers to be the ones picking...
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.In an upgrade from its first...
Jerome Powell’s Jackson Hole Speech: Fed chair doesn’t commit to rate cut yet; flags inflation, unemployment – Full text
US Federal Reserve Chair Jerome Powell on Friday made remarks at the Jackson Hole Symposium and left doors open foor a possible rate cut...
How the ghost of ‘transitory’ inflation is haunting the rate debate
Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who have been predicting that prices would rise...
China hits Back at Trump tariffs With Google probe
China announced an investigation into Google and imposed new tariffs on a range of US products moments after President Donald Trump slapped a 10%...
