Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, […]
Tag: United States Economy
Trump Is Defiant as Tariff Moves Roil Markets a Second Day
Two days after President Trump announced his expansive global tariffs, the United States confronted wide-ranging and painful blowback, as China retaliated against American goods and markets plummeted again on worries of a persistent, damaging trade […]
U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
U.S. employers accelerated hiring in March, a surprising show of strength that analysts warned might be the high-water mark for the labor market as the Trump administration’s economic policies began to play out. Employers added […]
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation Slower Growth
Jerome H. Powell, chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower growth than initially expected, as he struck a more downbeat tone about the outlook, despite […]
Slumping Oil Prices Reflect Intensifying Economic Worries
Oil prices continued to fall on Friday, extending a sharp drop that began the day before as fears grew that President Trump’s tariffs could slash global economic growth — and demand for oil. Brent crude, […]