Page 2 of US Economy

Fed’s Jerome Powell warns of elevated long-term rates amid policy challenges from supply shocks

Powell’s remarks build on his recent warnings that a changing economic environment—including potential trade disruptions and supply constraints—could make monetary…

Updated: May 15, 2025 21:36 IST

JPMorgan revises US economic growth forecast after US-China trade deal

According to JPMorgan’s Chief US Economist Michael Feroli, the government’s recent move to ease some of the tougher tariffs on…

May 14, 2025 10:33 IST

The US will slash tariffs on Chinese goods from a staggering 145% to 30%, while China will reduce its duties on US imports from 125% to 10%.

Trump says 80% tariff on China “seems right” ahead of key trade talks

Since returning to office in January, Trump has raised tariffs on Chinese imports to 145%, adding to the trade barriers…

May 9, 2025 19:27 IST

US President Donald Trump meets with British Prime Minister Keir Starmer at the White House.

Trump announces trade deal with the UK — How Starmer sealed the deal others couldn’t

Starmer stuck with Sunak’s targeted strategy, aiming at emerging sectors like biotech and AI. But the urgency to act grew…

May 8, 2025 21:01 IST

Trump set to raise millions from crypto, memecoin galas this month

Trump says US in transition period, downplays impact of short-term recession

Trump’s comment on the U.S. economy being in a transition period echoed comments he made earlier on Friday in a…

Updated: May 3, 2025 06:51 IST

US economy shrinks in first quarter as tariffs unleash flood of imports

The Commerce Department’s advance gross domestic product (GDP) report on Wednesday, however, grossly exaggerated the economy’s fading prospects.

May 1, 2025 05:36 IST

Trump's first 100 days: US economy contracts 0.3% due to disruptive tariff policies. (Image Source: X/Twitter)

Trump’s 100 days in office: US economy shrinks 0.3% over chaotic tariff policy

The U.S. economy contracted by 0.3% in the first quarter, largely due to a surge in imports driven by businesses…

April 30, 2025 18:34 IST

The Federal Reserve on Wednesday held its key interest rate unchanged as it waits for the Trump administration’s trade policy to take shape and sees its impact on the economy

US Fed’s Powell refuses to intervene, ‘tariffs mean higher inflation and slower growth’

“Despite heightened uncertainty and downside risks, the U.S. economy is still in a solid position,” Powell said in remarks prepared…

Updated: April 17, 2025 06:34 IST

US Commerce Secretary Howard Lutnick, Commerce Secretary Lutnick, Howard Lutnick, trump tariffs, us tariffs, china tariffs

‘Tariff exemption on electronics temporary…’: US warns of impending ‘semiconductor tariffs’ on electronics imports

The clarification comes shortly after US Customs and Border Protection temporarily spared several electronics from tariffs imposed since April 2.

Updated: April 14, 2025 07:45 IST

Donald Trump, US tariff, US economy, recession, business leaders, market slide

‘We are in recession right now’, says BlackRock’s Larry Fink; warns of another 20% market slide

Blackrock CEO Larry Fink said that many business leaders believe the United States economy is already in a significant downturn.…

Updated: April 8, 2025 14:40 IST

dollar, US, trump, US military, geopolitical power, sovereign wealth fund, SWF

Engineering dollar’s decline: The Mar-a-Lago Accord’s risk to US economic power

Trump’s approach to weaken greenback will almost certainly spell the end of dollar’s reign.

March 25, 2025 05:00 IST

irs, stimulus check, covid-19 pandemic, Recovery Rebate Credit, us taxpayers, tax returns, income tax, income tax returns, Internal Revenue Service, stimulus check,

Tariff impact: US trade deficit soars to all-time high of $131.4bn amid import surge

Imports soared 10.0% to $401.2 billion, the highest increase since July 2020.

March 6, 2025 21:26 IST

Donald Trump, US tariff, reciprocal tariff, Asia, India, trad ware, trade, global trade, services exports, Government spending, food inflation, capex, liquidity, monetary policy, regulatory tightening, trade deal

Goldman Sachs CEO Solomon sees ‘very small’ chance of US recession amid global uncertainty

Goldman Sachs CEO David Solomon said that he sees a “very small” chance that the US economy tips into a…

March 4, 2025 11:18 IST

Slow growth and rising prices spark stagflation fears in US

US economy: Slow growth and rising prices spark stagflation fears amid Trump’s tariff policies

Much of the economic unease is being attributed to the Trump administration’s aggressive tariff policies. Companies across industries are warning…

March 1, 2025 07:51 IST

US Elections, Republicans, Democrats, economy, US Economy, House of Representatives, Senate

It was the economy, stupid

It started with the failure to anticipate the 2008 global financial crisis and subsequent Great Recession — which almost resulted…

November 16, 2024 04:00 IST

Jimmy Carter’s century: Although many consider his presidency a failure, he helped pave the way for a revolution in US economic policy

On economic policy, Carter is sometimes blamed for excessive regulation, government spending, and runaway inflation. His successor, Ronald Reagan, is…

October 3, 2024 04:15 IST

The US has, of course, always lived beyond its means, and has been using the credibility generated by its deep and liquid financial markets to sustain its lifestyle.

The dollar’s limbo: How long can it go?

The dollar index has fallen by more than 11% in the past year, but in historic terms, DXY is still…

August 23, 2024 04:00 IST

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Page 2 of US Economy

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