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The International Monetary Fund on Tuesday slashed its forecasts for growth in the United States, China and most countries, ...
Coulton notes that the “Liberation Day” “reciprocal” tariffs that President Trump unveiled on April 2 were “much worse than ...
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid ...
Amid trade tensions and high policy uncertainty, the path forward will be determined by how challenges are confronted and ...
American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer ...
Inflation expectations are at the highest level since 1981, when the Great Inflation was finally beginning to wind down.
It typically coincides with high unemployment and rising prices. Inflation is typically low ... consumer spending that accounts for most of the country’s economic activity.
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
The head of the International Monetary Fund said Thursday that President Trump's tariffs will cause economies around the ...
President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock ...