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Economic System
Economic restructuring is one of the main aspects of China’s reform. In the first 30 years after the founding of the PRC, the Chinese government carried out a system of planned economy ...
Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
With uncertainty comes growing economic risk for the Fed to weigh
Since U.S. President Donald Trump took office in January, he has imposed biting new tariffs, with more coming, begun a ...
Fed officials prepare to lay down marker on impact of Trump policies
New economic projections from Federal Reserve officials this week will provide the most tangible evidence yet of how U.S.
Fed sees 2 rate cuts in 2025, projects higher inflation and lower economic growth
The Federal Reserve maintained its previously expected pace of rate cuts, but signaled higher inflation and a slowdown in ...
Consumer sentiment plunges to 2-year low amid tariff and inflation worries
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.