News

Inflation is finally supposed to show a tariff-related increase. The Fed still might cut interest rates anyway.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
Raise taxes to fix budget, Treasury advises Labor in accidentally published advice
A series of subheadings accidentally sent to the ABC by Treasury reveals extensive detail about its frank advice to the ...
Investors beware: Fiscal dominance and financial repression ahead
The Federal Reserve is maintaining its current policy stance in order to assess the impact of President Trump’s protectionist ...
Economic council head says Trump's ability to fire Fed's Powell is 'being looked into'
In an interview with ABC News, Kevin Hassett was also pressed on the president's decision to hit imports from Brazil with ...
Fiscal Flows, Bank Credit, And The Fed For July
June 2025 fiscal flows signal short-term caution and likely SPX declines in July, but liquidity unlocks and Fed rate cuts ...
From tariffs to universities, Trump's negotiating style is often less dealmaking and more coercion
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
Jacobin5h
Who Benefits From the Dollar’s Dominance?
The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist ...
2 former Fed economists say Chair Jerome Powell is facing an epic conundrum
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
The New York Sun1d
What Did the Fed’s Chairman Know — and When?
Questions are heating up over the central bank’s spending on a $2.5 billion renovation of its offices.
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Trump surveys Texas flood damage; layoffs begin at State Department
President Donald Trump and first lady Melania Trump tour the Texas flood devastation and the State Department begins laying ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.