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Trump, Fed
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected barrage of new economic policies from Washington.
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Donald Trump’s plans for higher tariffs, lower taxes and curbs on immigration risk reviving inflation and preventing the Federal Reserve from cutting interest rates, the IMF has warned. Unveiling forecasts that predicted faster-than-expected growth for the US economy,
Fed may pause rate cuts in January amid inflation concerns tied to Trump’s policies: Reuters poll
A slim majority of economists surveyed by Reuters believe the US Federal Reserve will hold its key interest rates steady during its January 28-29 meeting and likely resume cuts in March. The decision will be influenced by the administration of President-elect Donald Trump,
IMF, Trump
Donald Trump’s policies may be a risk for emerging markets and developing economies: IMF
Trump’s economic policies—such as tax cuts, deregulation, and restrictions on immigration—could drive inflation higher in the short term.
Trump's Economic Plans Could Cause Inflation: IMF Chief Economist
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
IMF warns on Trump's plans but upgrades UK outlook
The International Monetary Fund (IMF) has upgraded its growth forecast for the UK economy this year, but has also warned about the possible impact of Donald Trump's economic plans. The global institution upgraded its prediction for UK growth to 1.
IRS, Commissioner of Internal Revenue and Trump
IRS commissioner to step down before his term ends, letting Trump advance his own pick
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
IRS Commissioner to Quit as Trump Takes Office, WSJ Reports
IRS Commissioner Danny Werfel testifies before House Committee on Ways and Means on "Accountability and Transparency at the Internal Revenue Service" on Capitol Hill in Washington, U.S., April 27, 2023.
21h
on MSN
DeSantis says Trump told him while golfing that inflation wasn’t really the No. 1 issue that got him elected
DeSantis says Trump told him while golfing that inflation wasn’t really the No. 1 issue that got him elected - ‘The number ...
2d
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
18h
on MSN
Trump set to break the all-time federal debt record amid inflation battle
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, ...
29m
on MSN
What’s on Donald Trump’s agenda? A look at the first 100 days of his second term
Donald Trump’s second term as U.S. President is marked by sweeping proposals, including stricter immigration measures, ...
1d
on MSN
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
WBHM
2d
Inflation remains stubbornly high for many Americans. Could it get worse under Trump?
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
El País in English
7h
The red lines the market won’t let Donald Trump cross
Big investors are enjoying a stock market at an all-time high, driven by the tycoon’s victory. However, they are beginning to ...
3h
on MSN
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
3d
on MSN
Trump poised to take office with inflation threatening to persist
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when ...
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