Uncertainty About Tariffs Has Become 'Pervasive' In The Economy, Fed Finds
Everyone is talking about tariffs, and no one quite knows what to make of them, the Federal Reserve's "Beige Book" shows.
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Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report
The "Beige Book," as the report is known, captured early fallout from Trump's policies, describing a rush to buy cars ahead of higher import duties. There were accounts of prices that were changing quickly or about to rise sharply, and hints of layoffs to come. "Uncertainty around international trade policy was pervasive across reports," the U.S. central bank said in its latest snapshot of the nation's economic condition, based on surveys, interviews and observations collected from the commercial and community contacts of each of the Fed's 12 regional banks.
Powell Attempts Balancing Act as Trump Tests Fed’s Autonomy
(Bloomberg) -- Subscribe to Economics Daily for the latest news and analysis.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisTo Fuel Affordable Housing, This Innovation Fund Targets Predevelopment CostsDonald Trump’s second term has begun with a renewed determination to curb the Federal Reserve’s
Data restrictions threaten economic growth, LSEG chief says
David Schwimmer, chief executive officer of the London Stock Exchange Group, said the flow of data around the world should be as big a concern as the flow of goods.
Semafor World Economy Summit: Views from policymakers and CEOs on the future of global energy
UK Chancellor Rachel Reeves and FTC head Andrew Ferguson are among those discussing the future of global energy at Semafor’s World Economy Summit.
US Treasuries Rally as Worries Over Trump Tariffs and Fed Ease
(Bloomberg) -- Long-maturity Treasury yields declined Wednesday as part of a broader rally in dollar-denominated risk assets, after US President Donald Trump said he wasn’t inclined to fire the head of the Federal Reserve and suggested tariffs on Chinese imports could drop.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesThe Racial Weal
Semafor World Economy Summit: Views from policymakers and CEOs on global trade and tariffs
London Stock Exchange Group CEO David Schwimmer and Spanish Economy Minister Carlos Cuerpo are among those discussing the future of global trade at Semafor’s World Economy Summit.