US economy

The witch hunt in Washington gets messy

President Donald Trump has renewed his attacks on special counsel Robert Mueller.

Trump slaps tariffs on $23bn of trade

Donald Trump’s tariffs on steel from the EU, Canada and Mexico are bad for the US economy or the global economy, and will lead to retaliatory tariffs that will cause further damage.

The new Federal Reserve isn’t as tough on inflation as it looks

Minutes of Federal Reserve meetings are meticulously scrutinised by the markets. T​he latest set suggest​s it might be changing its mind on inflation. John Stepek explains what that means.

Tax cuts: the Laffer Curve strikes again

When Donald Trump slashed taxes, pundits predicted doom. They should have known better, says Matthew Lynn.

Chart of the week: who will suffer most in a trade war?

If the trade war between the US and China worsens, both countries’ growth will suffer as they raise barriers against a wider range of goods and make it harder for foreign companies to gain footholds.

Who will win the battle of the tech firms – America's west or China's east?

Will America’s west coast or China’s east win the battle for tech firm supremacy? It’s still all to play for, says Matthew Lynn.

Unreliable central bankers are leaving investors bamboozled

Central bankers have huge influence on the markets. But their lack of conviction is leaving investors unsure about what to expect, says John Stepek.

Alan Greenspan: US economy is “out of whack”

Guru watch
Alan Greenspan, former head of the Federal Reserve, says the US economy is heading towards stagflation.

Expect more US interest-rate rises

The odds of the US Federal Reserve having to raise US interest rates quickly are rising.

Protect your wealth from the growing inflation threat

Will the Federal Reserve slay inflation? Given the mid-term elections in the US this year, it seems unlikely. That’s why you should make sure you own some gold.

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