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Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the bank attempts ...
The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest rate cut later this month.
The EU, blindsided, offered a “zero-for-zero” deal on industrial goods, but Trump doubled down, pausing most tariffs for 90 days except for China’s, which soared to 145 percent. Then, on May 23, he ...
Well, President Trump's tariffs are hitting markets hard and the uncertainty is making Federal Reserve Chair Jerome Powell's job harder. Here with more, Yahoo Finance Fed Correspondent Jennifer ...
In a post on Truth Social Friday, Trump wrote, "This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always ‘late,’ but he could now change his image, and ...
After Wall Street previously downplayed risks from President Donald Trump's trade war, investors are starting to take his tariff threats more seriously.
The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify ...
(Reuters) -Roughly half a year into his second stint in the White House, President Donald Trump is starting to shape portions of the U.S. job market through his policy changes, including aggressive ...
U.S. President Donald Trump imposed 25 per cent tariffs on Canadian steel and aluminum on March 12, raising significant concerns for a sector that exported around $35 billion of metal to the U.S ...
President Trump's doubled tariffs on aluminum are stoking fears of job losses in Quebec, the biggest producer of the metal in North America. CTV News App Contact Us FAQ Newsletters Team Twitter feed ...
Trump's latest tariffs have raised fears of a U.S. recession and drawn criticism from his fellow Republicans, who do not want to lose control of the U.S. House of Representatives and Senate to ...