Economy
As the Trump administration’s tariffs loom large over the economy, Fed Chair Jerome Powell offers insights into the potential repercussions. These tariffs, part of sweeping economic changes by the administration, are poised to shake the foundations of global trade. Understanding the Gravity of Tariffs The introduction of these tariffs
Economy
An Economic Storm on the Horizon The U.S. economy finds itself on the brink of a storm as J.P. Morgan issues a foreboding forecast for 2025. Citing the aftermath of sweeping new tariffs imposed by President Trump, J.P. Morgan’s chief U.S. economist, Michael Feroli, warns
Economy
In the face of landmark tariff plans set by President Donald Trump, the Federal Reserve finds itself caught in a critical policy dilemma. With the expectation that these tariffs could significantly hinder economic growth while potentially causing prices to soar, the central bank’s role in stabilizing the economy becomes
Economy
President Donald Trump’s announcement of sweeping new tariffs has sent shockwaves through the U.S. economy, sparking widespread concern over potential repercussions that could impact consumers and businesses alike. As the tariffs loom, the likelihood of a recession and increased prices for everyday goods seem imminent. Understanding the Impact
Economy
The Prelude: Promises of Trade Protection Amidst growing economic nationalistic sentiments, President Donald Trump vowed to erect stronger economic barriers using tariffs as his weapon of choice. These promises quickly transformed from rhetoric into an aggressive trade strategy, disrupting longstanding global trade practices. Threats and Actions: The Initial Salvo The
Economy
In a bold move reminiscent of revolutionary proclamations, President Trump declared a national emergency to usher in the “Liberation Day” tariffs. On April 2, 2025, Americans awoke to a landscape transformed by economic decisiveness — a pivot towards independence and industrial revival. A New Dawn of Tariffs Gone are the days
Economy
Donald Trump, the former U.S. president, recently made bold assertions that his tariffs would deliver over a trillion dollars in revenue for the country. Yet, economists and analysts have sounded the alarm, casting doubt on these optimistic figures. They caution that the true impact could be higher prices for
Economy
When tariffs turn into taxes, the burden distribution weighs heavy, and voters are keenly observing the new economic landscape. As additional tariffs declared by President Donald Trump on April 2, classified as “Liberation Day,” unfold, the true ramifications are becoming ever more apparent. A Closer Look at the Tariff Turbulence
Economy
In an inspiring turn of events, Japan’s stock markets witnessed a robust rise as they followed the positive cues from Wall Street. With the Nikkei 225 Index soaring by 0.4% to breach the landmark 35,700 and the broader Topix Index climbing 0.8% to reach 2,680,
Economy
The Looming Economic Tsunami Asian economies are in the throes of a colossal test as President Donald Trump’s renewed tariffs unleash disruption across a region historically tied to exports. This era-defining challenge not only targets China but also places Vietnam, South Korea, Japan, and India under scrutiny for imposing
Economy
Introduction: A Beacon of Stability In an inspiring move towards economic stability, Governor Seyi Makinde of Oyo State proudly announced the successful impact of a strategic financial measure— the monthly payment of N24 billion in salaries to state and local government employees. This approach has reportedly not only secured the
Economy
The economic winds in Nepal are shifting dramatically, and nowhere is this change more evident than in the bustling heart of Kathmandu. The city is caught in a vibrant mix of financial highs and lows, each painting a slice of Nepal’s complex economic portrait. Gold Glitters at Unprecedented Prices