Economy

Federal Reserve Poised for Rate Cuts Amid Tariff-Induced Stagflation, Says Chicago Fed President

Chicago Fed President Goolsbee hints at potential rate cuts, emphasizing a data-driven approach amidst challenges from U.S. trade tariffs.

#federal reserve, #interest rates, #economy, #trade tariffs

Federal Reserve's Musalem Warns of Economic Slowdown Due to Tariffs

Fed's Musalem sees US economic growth slowing, inflation risks rising amid new tariffs and global trade tensions.

#economy, #federal reserve, #tariffs, #inflation, #trade

Sharp Decline in International Travel to the U.S. Forecasted for 2025 Due to Political Tensions

International travel to the U.S. is projected to fall by 9.4% in 2025, impacting tourism revenue, amid political disapproval of President Trump.

#tourism, #economy, #international travel, #Trump policies

IMF Projects Global Economic Slowdown Amidst Rising Geopolitical Tensions

The IMF's 2023 outlook forecasts slower global growth due to higher rates and geopolitical challenges, urging coordinated efforts for stability.

#imf, #global economy, #growth forecast, #geopolitical tensions, #interest rates

European Luxury Goods Industry Faces Major Downturn Amid New US Tariffs

European luxury sales expected to drop by 2% following US tariffs, marking the worst downturn in two decades.

#luxury goods, #tariffs, #economy, #european union, #trade tensions

Federal Reserve Holds Rates Steady Despite Tariff-Induced Economic Uncertainties

Federal Reserve Chair Jerome Powell announced the central bank's decision to maintain current interest rates amid economic uncertainties caused by new tariffs, contrasting with President Trump's call for immediate rate cuts.

#federal reserve, #interest rates, #tariffs, #economic policy, #trump administration