Fed, Trump and Powell
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Trump, tariffs
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50mon MSN
Banks are giving the all-clear signal on the U.S. economy during the turbulent opening months of the second Trump presidency.
President Trump fails to earn majority approval on any of the issues included in a new poll from the Associated Press.
Newborns in the U.S. may soon begin life with a financial boost, thanks to a new federal program included in President Donald Trump’s sweeping new legislation, dubbed the “big beautiful bill.”
Taken together, the impact of President Trump’s whirlwind six months back in office is showing up in the economy.The effect isn’t yet enough to derail the economy, which by many measures has weathered Trump’s trade wars much better than many on Wall Street and in Washington feared.
About 49% of Americans said Trump’s policies have done more to hurt them than help them, according to the new poll from The Associated Press-NORC Center for Public Affairs Research that was released on Thursday. In comparison, just 27% said Trump’s policies were doing more to help them and 22% said the policies have not made a difference.
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers and their decisions.
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty from tariff hikes.
President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.