Trump Says a Recession Would Be Worth It, but Economists Are Skeptical
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
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Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 6d -
Economists thought Trump would try to prevent a recession. That’s now in doubt.
What are President Donald Trump and his team thinking with their recent talk about possible economic pain for the U.S.?MarketWatch - Mar. 10 -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - Mar. 10 -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - Mar. 10 -
Zelenskyy says partial ceasefire would be 'positive' but expresses 'skepticism'
President Donald Trump held a high-stakes call with Russia's Vladimir Putin on Tuesday as he tries to win his approval of a 30-day ceasefire with Ukraine.ABC News - 7h -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - 6d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - Mar. 11 -
Lutnick says Trump's policies are "worth it" even if they lead to recession
The president's tariff announcements have rocked the stock markets and fueled concerns of an economic downturn.CBS News - Mar. 11 -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - Mar. 10 -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - Mar. 10 -
Graham 'extremely skeptical' that Russia will accept ceasefire
Sen. Lindsey Graham (R-S.C.), a leading Senate voice on foreign policy issues, praised President Trump on Wednesday for getting Ukraine to agree to a 30-day ceasefire, but he expressed strong ...The Hill - 6d -
Are we heading into a recession? Here's what the data shows
With stocks sliding into correction territory in the last week, a question emerges: Is a recession next? Here's what the data and expert economists say.NBC News - 1d -
Recession fears are mounting — Powell’s stances on these 4 issues could dictate America’s economic path in months ahead
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a “wait-and-see” mode until the effects of President Donald Trump’s ...MarketWatch - 1d -
3/11: CBS Evening News
Commerce secretary says Trump's policies are "worth it" even if they lead to recession; It's been 5 years since WHO declared COVID pandemicCBS News - 3d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - Mar. 9 -
How economists identify recessions and stagflation
Preliminary data from the University of Michigan shows that consumer sentiment, or how people feel about the economy, declined for a second straight month. It all comes as January saw a decline in ...CBS News - 1d -
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off
Fears of a recession sparked a major sell-off in stocks, following comments from President Trump. In an interview with Fox News, Mr. Trump would not rule out the possibility of a recession. Kelly ...CBS News - Mar. 10 -
Trump’s policies set to cool growth and lift inflation, economists say
FT-Booth survey also signals rising concerns over quality of US economic dataFinancial Times - 22h -
European leaders downplay skepticism from Trump about NATO solidarity
European Union leaders on Friday downplayed skepticism from U.S. President Donald Trump about solidarity among NATO membersABC News - Mar. 7 -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - 4d -
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'
Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.NBC News - Mar. 9 -
Appeals panel appears skeptical of Trump administration’s independent agency firings
A federal appeals court panel raised skepticism Tuesday that President Trump’s firings of two independent agency leaders complied with Supreme Court precedent. Trump’s terminations of two ...The Hill - 11h -
Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.CNBC - 2h -
Zelensky Says Ukraine Showed ‘We Want a Fast Peace’
While Ukraine said it would agree to a 30-day cease-fire proposal, many in the country were skeptical about whether Russia would do the same.The New York Times - 6d -
Fetterman: Shutdown would ‘plunge the country into chaos, risk a recession’
Sen. John Fetterman (D-Pa.) said he believes a government shutdown would plunge the United States “into chaos” and risk sending the country into a recession. “Shut the government down, plunge the ...The Hill - 5d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - Mar. 10 -
‘There Are No Guarantees,’ Treasury Secretary Says of Recession
Scott Bessent could not guarantee that the economy is recession-proof.Inc. - 2d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - Mar. 10 -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - Mar. 9 -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 4h -
More say Zelensky was not disrespectful to Trump in Oval Office: Survey
More Americans than not say Ukrainian President Volodymyr Zelensky wasn’t disrespectful to President Trump during their contentious Oval Office meeting late last month, according to a poll. The ...The Hill - 6d -
Trump's tariff theater could actually help fight inflation
The effect of President Trump's frenetic style of governance — at least when it comes to trade — represents a peculiar twist that few economists would have predicted.The Hill - 11h -
How the sporting goods industry is bracing for tariffs
Economists and industry advocates say tariffs would have a direct impact on the sports world.ESPN - 4d -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - 5d -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - Mar. 10 -
Here's what today's CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.CBS News - 6d -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 6d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - Mar. 11 -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 5d
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Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 27m -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 40m -
Social Security Employees Warn of Damage From DOGE
Current and former employees, both Republican and Democratic, are raising alarms about the damage cost-cutting efforts could do to the agency’s ability to serve the public.The New York Times - 40m -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 40m -
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 - 2h