Trump, Jerome Powell and interest rates
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Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into a recession.
US President Donald Trump said China had agreed to remove non-tariff barriers to US imports as he announced a deescalation of his trade war with Beijing, suggesting even greater concessions could be in store if talks progress.
At the end of the day, the brunt of the tariffs will fall on US consumers, especially lower-income ones who rely on relatively inexpensive products from China. Now, Americans can expect longer wait times and higher prices, trade experts told CNN.
The Federal Reserve got one more reason to wait on cutting interest rates after a delay of the most punitive tariffs imposed in the Trump administration's trade battle with China appeared to reduce the chance of a U.
Donald Trump has agreed to substantially roll back tariffs on China as the two nations continue to work toward a permanent trade deal.
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
Trump’s trade deals won’t be helping the Federal Reserve roll back interest rates anytime soon, according to Bloomberg columnist Bill Dudley. He questioned the “optimism” people are having as the tariffs roll back in the U.
JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.
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Explícame on MSNTrump's tariffs would directly impact companies like UPS and FedexThe tariff policies under President Trump have reshaped the economic landscape, affecting logistics giants like FedEx and UPS. These changes, particularly in 'de minimis' tariffs on low-value imports,
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Trump's trade deal with China and pause on the highest tariffs means another surge is coming in global trade, but business uncertainty isn't going away.
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.