Economy
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Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with the early stages of President Donald Trump’s tariffs are looking for ways to pass increasing costs onto…
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Consumer spending is up big in early April as people buy in anticipation of tariffs
Consumer spending is rising at a faster clip this month as everyday Americans rush to make purchases before President Donald…
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IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC,…
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If Trump wants rate cuts, he would likely need to replace the Fed’s full board along with Powell
U.S. President Donald Trump speaks to the media during the annual White House Easter Egg Roll, on the South Lawn…
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European Central Bank’s Lagarde says she hopes Trump doesn’t fire Fed’s Powell
European Central Bank President Christine Lagarde on Tuesday said she hoped that U.S. President Donald Trump would not fire Federal…
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IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
Tariffs are posing major headwinds for the U.S. and global economies, leading the International Monetary Fund to slash its 2025…
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Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high’ start, Chicago Fed chief says
Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in…
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Trump’s approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds
President Donald Trump is registering the worst economic approval numbers of his presidential career amid broad discontent over his handling…
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Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’
U.S. President Donald Trump and U.S. Federal Reserve Chair Jerome Powell. Win McNamee | Annabelle Gordon | Reuters President Donald Trump…
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China targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goods
Dilara Irem Sancar | Anadolu | Getty Images China last week announced it was done retaliating against U.S. President Donald…
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