Latest in Economic Growth Outlook
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'Higher inflation and slower growth': Powell warns of tariff impact
Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic ...NBC News - 7h -
Asia’s straining middle class
For sustained income growth, policymakers must bolster economic resilienceFinancial Times - 9h -
Mexican Baseball League's recent growth in attendance now rivals soccer clubs
Mexico’s summer baseball league will open it’s 100th season aiming to keep an impressive growth in attendance that began after Mexico’s surprise run at the 2023 World Baseball ClassicABC News - 9h -
Sony hikes PlayStation 5 prices for Europe, UK and Australia citing economic turmoil
Sony says it will raise prices starting Monday for some PlayStation 5 video game consoles in Europe, Australia and New Zealand, citing global economic turmoilABC News - 2d -
Japan exports growth misses expectations, rising by a modest 3.9% in March as tariffs bite
The growth missed expectations of a 4.5% rise from economists polled by Reuters, and was lower than the 11.4% jump in February.CNBC - 37m -
Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
The central bank leader said that while he expects higher inflation and lower growth, it's unclear where the Fed will need to devote greater focus.CNBC - 7h -
China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.The New York Times - 22h -
'Wild time': Wall Street strategists warn of uncertain outlook amid Trump's tariffs
Tariffs set off one of the most volatile trading periods in Wall Street history.ABC News - 6h -
Potential Tariff Pause for Auto Supply Chains Triggers More Economic Whiplash
The president said carmakers “need a little bit of time” to alter their operations to focus on domestic manufacturing for parts and vehicle assembly.Inc. - 1d -
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.CBS News - 1h -
Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.The New York Times - 5h -
Will Trump's tariffs crash TV's spring ad-selling party?
The timing of an economic downturn could lead to companies cutting their ad budgets.Los Angeles Times - 16h -
UK inflation rate has fallen. Here's why it won't last long
Economic uncertainty globally and in the UK means there are conflicting forces at play with prices.BBC News - 14h -
Bank of Canada holds policy rate at 2.75%
Decision comes as country faces economic uncertainty from US trade warFinancial Times - 11h -
Japan hosts unlikely winners of the global AI boom
Companies that were struggling to find growth in electric vehicles are back in demandFinancial Times - 12h -
Q&A: How has Trump changed the world order?
FT journalists answered questions on the changing trade, economic and geopolitical relationship between the US and its alliesFinancial Times - 10h -
As Nvidia’s stock sinks on China setback, here’s Wall Street’s big question
Analysts are debating whether Nvidia can still manage sequential growth this year as political developments pressure revenue.MarketWatch - 5h -
FirstFT: Nvidia blindsided by Trump’s new China chip controls
Also in today’s newsletter, US imposes sanctions on Chinese refinery, and China’s strong first-quarter growthFinancial Times - 4h -
Trump Wants to Reverse Coal’s Long Decline. It Won’t be Easy.
Coal has been displaced by cheap and plentiful natural gas and the rapid growth of wind and solar energy — forces that President Trump will struggle to do away with.The New York Times - 2d