The Economy Is Fine, Fed’s Barkin Says. Government Policy Is the Real Wild Card.
It’s too early to determine the impact of tariffs and other Trump policies on the economy, but the uncertainty is having an effect, the Federal Reserve Bank of Richmond president said.
No need to hike interest rates unless economy is overheating, Fed’s Barkin says
The only reason for the Federal Reserve to hike rates would be if the economy was overheating and there are no signs of that in the data, Richmond Fed President Tom Barkin said Wednesday. “I see inflation coming down,
Fed leans toward more rate cuts, awaits policy impacts: Barkin
The U.S. Federal Reserve is considering additional rate cuts this year, according to Richmond Fed President Tom Barkin. However, the potential effects of new policy initiatives from the Trump administration,
Fed's Barkin still eyes 2025 for rates cuts with lower inflation
Federal Reserve Bank of Richmond President Tom Barkin is keeping the door open for interest-rate cuts this year, even as economic uncertainties loom large. Speaking to Bloomberg TV, Barkin specifically pointed to uncertainty over how the latest measures taken by the Trump administration will play out,
Fed’s Barkin sees potential soft spot in the U.S. economy
One area of concern for the U.S. economy is that big businesses may be pulling back from making new investments given the uncertainty surrounding the economic policies of the Trump administration, Richmond Fed President Tom Barkin said on Wednesday.
Marketplace3h
Is the way Trump and Musk are running the economy even legal?
Expert Blake Emerson discusses the legal ramifications of Elon Musk and the Trump administration's recent economic moves.
The U.S. Economy Is Racing Ahead. Almost Everything Else Is Falling Behind.
By David Leonhardt Graphics by Ashley Wu Total G.D.P. Among high-income countries and China China $30 trillion $25 Today, the ...
The biggest part of the U.S. economy cools off early in the new year. So does inflation.
The large service side of the economy has powered U.S. growth for the past few years and is primed to do so again in 2025.
These Americans don’t think the economy is getting any better. Welcome to ‘No Buy 2025’
Many Americans, especially female content creators, are pushing back against overconsumption and pledging to buy less — or ...
Mass. economy slows amid ‘stagnant employment growth,’ report says
In the fourth quarter of 2024, the state’s economy expanded at an annual rate of 1.1 percent, according to MassBenchmarks, a ...
Marketplace2d
What Donald Trump’s tariffs will mean for the economy
Prices could rise for certain goods — including gas, cars and groceries — and the economy could tip into recession.
How AI Could Reshape Work and the Global Economy
Today on the Big Take podcast: Bloomberg Economics explores three ways AI could reshape the economy, ranging from the rosy to ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Russia’s economy is cracking and West must step up sanctions, says Finnish foreign minister
Russia’s economy is showing “serious cracks” and the West must intensify sanctions to put Ukraine in the best possible ...
Hungary's shaky economy disrupts Orban's re-election playbook
Hungarian Prime Minister Viktor Orban's hopes that a strong economy will propel his Fidesz party to another election victory ...
Majority of Michigan voters say Canadian tariffs will hurt state's economy, poll finds
About 68% of Michigan voters say imposing a 25% tariff on Canadian goods will mean they pay more for goods and 52% say ...