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The European Central Bank is likely to stare down the economic danger posed by US President Donald Trump’s tariffs by opting to leave a potential cut in borrowing costs for another day.
U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the ...
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
It comes as food price inflation rose for the third month in a row in June, to its highest level since February 2024 ...
In China, a 5.2% increase in second-quarter gross domestic product beat expectations, bringing the official 5% expansion goal ...
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...
Wall Street economist Torsten Sløk warns that Donald Trump's tariffs could trigger significant inflation, peaking in November or December, impacting consumer prices on gifts and groceries. This could ...
Tariffs, trade wars, lingering inflation and high interest rates - all of these drains on the economy have not been enough to plunge the U.S. into recession. How come? Simple. Most people who want a ...
The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.
Wealthier voters have long been a core part of the Republican base, but Trump's recent moves appear to have alienated those ...
Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the ...