Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.” Events
Oren Cass, the chief economist at American Compass, debunks the liberal fearmongering over President Trump’s tariffs and explains why tariffs are a necessary correction to a decades-long problem. The post Breitbart News Daily Podcast Ep. 742: Economist Oren Cass Debunks Liberal Fearmongering About Trump’s Tariffs appeared first on Breitbart. Politics
US tariffs risk slowing global growth significantly, ADB chief economist says Reuters Politics
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates. Politics
Goldman Sachs raised the probability of a U.S. recession to 35%, up from 20%. Mark Zandi, chief economist at Moody's Analytics, talks with NPR's Michel Martin about the direction of the economy. Politics
The U.S. Department of Labor on Monday announced the appointment of Julia Pollak, a Harvard University graduate and former Navy reservist, as chief economist. The post Trump Department of Labor Appoints Harvard Grad, Former Navy Reservist Julia Pollak as Chief Economist appeared first on Breitbart. Politics
US Department of Labor appoints Julia Pollak as Chief Economist U.S. Department of Labor (.gov) Politics
After drops in markets and consumer sentiment, economists are pointing to slower growth. NPR asks Morgan Stanley Chief U.S. Economist Michael Gapen about the likelihood of a recession. Politics