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Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.
Tariffs have contributed to declines in consumer sentiment indexes and fears that the United States' economy could shrink.
The U.S. economy will grow 1.8% this year, the IMF said in its latest World Economic Outlook, down 0.9% from January and a ...
The freshly reappointed Financial Conduct Authority chief executive Nikhil Rathi embarks on his new term with a clear ...
The UK’s economic growth forecast has been slashed by the International ... Rachel Reeves clawed back with sweeping benefits cuts in her spring statement, meaning she will likely have to make further ...
The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered ...
The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely.
It says the tariff regime introduced on 2 April by the Trump administration will cut global economic growth by half of one per cent - reducing it to 2.8% from a projected 3.3% just three months ago.
By Alan Rappeport Reporting from Washington President Trump’s trade war is expected to slow economic growth across the globe this year, in large part because his aggressive use of tariffs is ...
The global economic organisation predicts growth will stall by 0.5 per cent ... with sweeping benefits cuts in her spring statement, meaning she will likely have to make further cuts or hike ...
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