News

President Donald Trump posted a letter to social media Thursday evening announcing Canadian goods will be subject to a 35% tariff rate starting Aug. 1, an aggressive increase to the 25% tariff first ...
The White House is taking aim at the Federal Reserve, criticizing a costly renovation at the central bank’s headquarters in ...
The European Central Bank should refrain from lowering interest rates again after eurozone inflation hit the 2% target in June, rate setter Isabel Schnabel said. The new tariffs would exempt, for now, ...
U.S. stock indexes slide on renewed trade tensions following President Trump's announcement of tariffs on Canada and the EU.
We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent ...
During his record-breaking, last-ditch attempt to slow President Donald Trump's signature tax legislation from becoming law, ...
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank ...
President Trump and the first lady, Melania Trump, are expected to visit flood-ravaged areas of Central Texas on Friday to ...
But their presence made a lot more sense when the new commissioners spoke up — and promptly took aim at one of Trump’s political foes, Federal Reserve Chair Jerome Powell. Powell has resisted Trump’s ...
Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their ...
With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...