Precious things

IMF warns of ‘intensified’ risks to public finances amid trade war

Donald Trump’s tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for “sharper”...

Eurozone inflation to stabilise at the 2 per cent target of ECB

Eurozone inflation could be a touch higher this year than earlier thought but will then stabilise at the European Central Bank’s 2 per cent target, the bank’s Survey of Professional...

ECB cuts rates again to help economy weather US policy

The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from US tariffs,...

Panic buying

US producer inflation muted in March before import tariffs blast

US producer prices notched their first monthly decline in nearly 1-1/2 years in March as gasoline prices plunged, but tariffs on imported goods are expected to significantly boost inflation in...

US consumer inflation cools in March on falling gas prices

US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as consumers and businesses waited nervously for President Donald Trump’s sweeping tariffs to come...

No ‘Fed put’ when it’s unclear which way economy may pivot

US Federal Reserve Chair Jerome Powell has sent strong messages when he felt they were needed, going on television to pledge maximum support for the economy when the COVID-19 pandemic...

Tariffs hit a sour note in NYC emporium of sweets

Economy Candy’s shelves brim with sweets from around the world — gummies from Germany, lollipops from Spain, chocolates from Japan and a panoply of candies from across the US. Standing...

Are Americans angry with Trump’s tariffs?

The protests that have erupted across the United States against President Donald Trump’s policies – and not just the tariffs – seem to suggest the businessman-turned-president has lost his popularity...