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Stagflation breaks all the rules. It combines stagnant economic growth with high inflation, resulting in high unemployment ...
U.S. stocks are rising after President Donald Trump said he was set to announce an agreement on trade with the United Kingdom ...
Another measure of interest rates, a daily index from Mortgage News Daily, showed rates creeping up Thursday. By ...
PRESIDENT TRUMP ON THURSDAY announced the first trade deal since enacting his “Liberation Day” tariffs that have roiled ...
U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, complaining the Fed is ...
The Bank of England cut interest rates to counteract the economic effects of U.S. tariffs. However, a split among ...
The Canadian dollar fell to a three-week low against its U.S. counterpart on Thursday as the Federal Reserve's patient stance ...
Since first imposing his sweeping “reciprocal” tariff policy, Trump has repeatedly attacked Powell for not raising the ...
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...
The U.S. faces risks of higher inflation and unemployment. Countries without tax hikes on imports are focused on the hit to ...
The hope is that a U.K. deal will provide a template for further arrangements that can bring overall tariffs down to minimal ...
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the ...