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The Trump tariff agenda will backfire. Interest rates and inflation will be stubbornly high. And stagflation may set in. That’s the take from Brian Coulton, chief economist at Fitch Ratings, a leading provider of credit analysis on global markets. This writer finds that Coulton’s views are extremely well grounded in data, logic and historical precedent. … Read more
President Donald Trump’s on-again, off-again tariffs have taken the global economy on a wild ride, but China has been his main target and faces prohibitively high duties. While he just gave key tech imports a temporary reprieve, the rest of China’s producers still face tariffs of 145%, meaning toys, apparel and furniture made there will … Read more
Larry Summers was not assuaged by Trump’s tariff pause. The former Treasury secretary under Bill Clinton has a history of making prescient calls on the economy and his views have always carried great weight with policymakers. Over two wide-ranging interviews with Fortune, he spoke candidly about Trump’s recent moves and what he sees happening in … Read more
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters President Donald Trump’s tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York. “It depends on how narrowly the tariff … Read more
Stephen Miran’s vision largely depends on the dollar strengthening relative to foreign currencies. Read More
The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years. Read More
Underneath strong top-line numbers, concerning trends linger. Read More
A former Bank of England economist says there is “no customer demand” for the digital pound, calling it a costly project with unclear benefits. Ex-Bank of England economist appears to be highly critical of the digital pound initiative, saying it is a “costly, useless project” with “no customer demand.” Neil Record, writing in an op-ed … Read more
President Donald Trump announced his administration will study reciprocal tariffs, but stopped short of implementing them at this time. Read More
Consumers are getting ahead of price spikes and buying now as tariff concerns raise inflations expectations. Read More
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