Opinion | This Instability May Be Worth It. Here’s Why.
|

Opinion | This Instability May Be Worth It. Here’s Why.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines From New York Times. Opinion I’m Ross Douthat. And this is interesting times. Very interesting times, in fact, because just in time for the debut of this podcast, almost as if he planned it that way, Donald Trump has taken a sledgehammer to…

The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
|

The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust consumer spending, a rising stock market, and healthy…

Trump’s Tariffs Make the Fed’s Interest Rate Decisions Tougher
|

Trump’s Tariffs Make the Fed’s Interest Rate Decisions Tougher

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Until a few months ago, the Federal Reserve appeared close to achieving something that many doubted was possible. The economy looked on the cusp of a “soft landing,” a situation where inflation was headed back to the central bank’s 2 percent target without…

Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained
|

Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump is using tariffs to rewire the global economic order in a flurry of on-again, off-again maneuvers, arguing they will boost U.S. factories and generate revenue. But his strategy has already triggered retaliation from major trading partners, rattled markets and upended diplomatic…

Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices
|

Echoing a Roman Emperor, Croatia Tries to Cap Soaring Prices

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines In 301 AD, the Emperor Diocletian made a bold but ultimately unsuccessful bid to address the inflation that was rampaging across the eastern half of the divided Roman Empire. Prices of everything from purple thread and feathers to slaves and cattle were dictated…

Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
|

Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in…

E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
|

E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, as the economic landscape for the region rapidly changes. The bank’s key rate was cut by a quarter point to 2.5 percent, which was widely expected as inflation in the…

PCE Report Showed Inflation Eased Slightly in January
|

PCE Report Showed Inflation Eased Slightly in January

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Getting inflation under control since the worst surge in decades has been a bumpy process in recent months. New data on Friday showed a little progress, but also an unexpected pullback in consumer spending, complicating the path forward for the Federal Reserve as…