The Latest Breaking News from Jerome Powell

Americans Wary Of Trump's Economic About-faces

President Donald Trump's various U-turns are leaving Americans disillusioned -- especially after he was elected on vows of guaranteeing economic prosperity.

International Business Times · Apr 24, 2025

Wall Street rally falters as Trump sends mixed tariff signals

The rebound in the US stock markets ran out of steam after a two-day rally as the Trump administration sent mixed messages regarding its tariff plans on other countries, particularly China.

Euronews · Apr 24, 2025

Trumpworld talks out of both sides of its mouth on tariffs and trade

Analysis: Trump’s tariffs might upset the tummy of Wall Street. But its the inconsistency that will give investors heartburn

The Independent UK · Apr 23, 2025

Americans losing faith in ‘erratic’ Trump on tariff-hit economy as poll finds three quarters fear recession

But he is still more popular than Joe Biden, according to Ipsos survey

Evening Standard · Apr 23, 2025

FTSE 100 jumps amid global stock rally after Trump rows back on tariff threats

The US president said that sky-high trade tariffs on China will ‘come down substantially but it won’t be zero’, prompting stock markets to surge.

Evening Standard · Apr 23, 2025

Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors

The Guardian - US · Apr 23, 2025

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

The Guardian - UK · Apr 23, 2025

Richard Branson says Trump’s tariffs messed up a promising economy: ‘Everything was going so bloody well up to about three months ago’

The billionaire entrepreneur sees Trump’s hard-line trade policies as reflecting the views of a “fairly small elite [group] of people around” him.

Fortune · Apr 23, 2025

Superstore CEOs Urged Trump to Back Off Tariffs or 'Shelves Would Be Empty' Before Revealing Possibility of China Trade Talks: Report

Facing pressure from retail CEOs and spooked markets, President Donald Trump toned down his tariff threats and signaled potential trade talks with China.

Latin Times · Apr 23, 2025

The Latest: Treasury secretary says trade war with China is not ‘sustainable’

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

The Independent UK · Apr 23, 2025