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Fed keeps rates unchanged as Trump tariffs, economic concerns loom
The Federal Reserve held interbank lending rates steady on Wednesday at a range of 4.25 to 4.5 percent despite some signs that the economy may be heading for a slowdown. The decision to keep rates ...The Hill - 1d -
Trump calls for Fed to cut rates as economic effects of tariffs start to kick in
Hours after the Federal Reserve maintained its guidance for two interest-rate cuts later this year, President Donald Trump weighed in Wednesday night, calling for rate cuts to accompany his new ...MarketWatch - 15h -
Morning Report — Trump, Fed split over tariff outlook and economy
In today’s issue: President Trump and allies revel in assertive decision making that keeps friends and foes off balance, even if resulting uncertainty turns out to be a drag on U.S. growth this ...The Hill - 8h -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - Mar. 12 -
Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
EU regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump threatens to hit the bloc with tariffs.CNBC - 1d -
Federal Reserve holds interest rates steady, but trims growth outlook
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.CBS News - 17h -
Trump finds making peace is easier said than done
Also in today’s newsletter, the Fed’s concerns that tariffs will hit the economy and Jeff Bezos’s pivot to the presidentFinancial Times - 5h -
Irish pub owner reacts to Trump's tariff threats on European alcohol
President Trump has threatened tariffs as high as 200% on European wines, spirits and beer. Janet Shamlian visited a pub in Chicago, where owner Aine O'Brien is concerned about how they could ...CBS News - 2d -
Fed cuts US growth forecast as Trump’s policies weigh on outlook
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impactFinancial Times - 14h -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - Mar. 11 -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 22h -
Treasury yields slide on Fed’s ‘transitory’ base-case view on inflation
U.S. government debt extended a rally on Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 4h -
Trump doubles down on tariff threat: ‘I’m not going to bend’
President Trump called the European Union “hostile and abusive” and threatened to slap a 200 percent tariff on European alcohol if the E.U. does not drop its 50 percent levy on American whiskey. ...NBC News - 6d -
Top diplomats from G7 countries meet in Canada as Trump threatens more tariffs on US allies
Top diplomats from Group of 7 have held a first day of talks in Canada as U.S. President Donald Trump's trade and foreign policies have thrown the bloc's once solid unity into disarrayABC News - 6d -
China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."CNBC - 15h -
U.S. makes concession, dropping additional 25 percent tariff on steel & aluminum: Ontario premier
Ontario Premier Doug Ford joins Meet the Press NOW to discuss his decisions to lift the 25% surcharge on electricity exports after speaking with Commerce Secretary Howard Lutnick. It comes after ...NBC News - Mar. 11 -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 4d -
Stagflation fears may leave Fed’s Powell little leeway to reassure investors Wednesday
Markets are struggling to look through uncertain trade policy under President Donald Trump, with investors now turning to the Federal Reserve for some sense of how tariffs may be altering the path ...MarketWatch - 1d -
Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING ...The Hill - 6h -
Trump criticizes Fed decision to maintain interest rates
Trump's comments came hours after the Fed opted to hold interest rates steady.ABC News - 3h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
Watch live: Powell speaks as Fed expected to keep interest rates steady
Federal Reserve Chair Jerome Powell will hold a press conference Wednesday afternoon to discuss the Fed's latest decision on interest rates. The Fed is expected to keep interest rates steady amid ...The Hill - 1d -
Trump Intensifies ‘51st State’ Threats in Attack on Canada
The U.S. president on Tuesday reiterated his claims on Canada’s territory as he increased tariffs, threatening to bring the country’s economy to its knees.The New York Times - Mar. 12 -
Eye Opener: Powerful storms force thousands to evacuate in Southern California
Thousands are forced to evacuate in Southern California as a powerful storm brings the threat of flooding and mudslides. Also, President Trump threatens more tariffs on U.S. allies after Canada and ...CBS News - Mar. 13 -
Should you open a home equity loan before the March Fed meeting?
With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.CBS News - Mar. 10 -
Eat grass-fed beef, help the planet? Research says not so simple
A new study out Monday finds that even in the most optimistic scenarios, grass-fed beef is no less carbon-intensive than industrial beefABC News - 2d -
How climate change is threatening the maple syrup industry
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.CBS News - 6d -
Why HELOC borrowers shouldn't wait for more Fed rate cuts to borrow their home equity
If you're a homeowner considering borrowing with a HELOC, waiting for Fed rate cuts may not make sense. Here's why.CBS News - 2d -
There are new fears about Fed firings after FTC dismissals. What analysts are saying.
An action taken late on Tuesday is again raising the question of Trump’s authority to dismiss Fed officialsMarketWatch - 1d -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - Mar. 10 -
Live updates: Trump meets with NATO leader; judge blasts effort to fire federal workers
The Senate must pass a short-term funding bill before the government shutdown, while the White House has pulled its nominee for the CDC and President Trump has threatened Europe with more tariffs ...The Hill - 6d -
Mark Carney Becomes Canada’s Prime Minister at Crucial Moment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.The New York Times - 5d -
How rain in California threatened areas ravaged by wildfires
Atmospheric river rains in California threatened mudslides in areas where the wildfires swept through entire communities. CBS News' Carter Evans reports, and meteorologist Zoe Mintz has the latest ...CBS News - 6d -
Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...MarketWatch - 1d -
Does eating grass-fed beef help the planet? Research says not so simple
A new study out Monday finds that even in the most optimistic scenarios, grass-fed beef is no less carbon-intensive than industrial beefABC News - 2d -
Trump threatens Houthi rebels that they'll be 'completely annihilated' as airstrikes pound Yemen
President Donald Trump threatened Yemen’s Houthi rebels on Wednesday that they’ll be “completely annihilated” as American airstrikes pounded locations under their control.NBC News - 23h -
Duffy threatens to withhold funds over NYC subway crime
Transportation Secretary Sean Duffy threatened to withhold federal transit funds from the New York Metropolitan Transit Authority (MTA) in a Tuesday letter urging city leaders to reassess their ...The Hill - 1d -
No green light: RFU threatens to leave Twickenham over Beyoncé spat
RFU wants licence to stage more concerts and events Sweeney moots move to Milton Keynes or Birmingham The Rugby Football Union chief executive, Bill Sweeney, has threatened to take England away ...The Guardian - 1d -
Trump threatens Houthi rebels that they'll be 'completely annihilated' as airstrikes pound Yemen
U.S. President Donald Trump has threatened Yemen’s Houthi rebels that they’ll be “completely annihilated” as American airstrikes pounded locations under their control, while further pressuring the ...ABC News - 1d -
Russia and Ukraine trade strikes and Fed unlikely to change interest rate: Morning Rundown
Russia and Ukraine trade strikes. Fed's anticipated interest rate decision amid market turmoil. Do judges have too much power? SEC dominates March Madness.NBC News - 1d