RBC’s McKay Warns of Hit to Economic Growth From US Tariffs
Royal Bank of Canada’s Dave McKay said he’s hopeful US tariffs end up being temporary but that it’s disappointing to see the trade war started by President Donald Trump potentially impeding broader economic growth.
Trump’s tariffs could crimp economic growth, worsen inflation, warn asset managers
A slew of heavy tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump will likely be inflationary and will create an environment in which the Federal Reserve will not be able to cut interest rates, said Andrzej Skiba, managing director and head of BlueBay U.S. fixed income at RBC Global Asset Management.
President Trump's tariffs: Impact on inflation and the economy
Rohit Chopra, former CFPB director, and Stephen Moore, former Trump economic advisor, join 'Squawk Box' to discuss the potential impact of tariffs on the U.S. economy.
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
Treasury Secretary Scott Bessent said President Donald Trump's tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on." Trump's proposed tariffs are expected to take effect on Tuesday.
President Trump continues push for economic changes
President Trump says one of the world's largest chip makers is expanding its U.S. manufacturing plans, ahead of what could be more tariffs.
Economic growth forecasts tumble as Trump tariffs loom
Economic growth data has largely been weaker than expected to start 2025, prompting some economists to forecast a slower pace of US economic growth than initially thought.
Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
'Trumpcession' Talk Surges as US Economy Could Be Rapidly Shrinking
Consumer confidence is cratering, inflation expectations are rising and new tariffs imposed by the president have rocked ...
Economic And Market Data Signal A Recession Is Coming
A slew of economic and market data is signaling that a Trumpcession is around the corner. Declining stock market and dollar ...
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Remittances and Economic Growth
Remittances—financial transfers from migrants to their home countries—are often lauded as a driver of economic growth in ...
South African Economy Shifted Back to Growth in Fourth Quarter
South Africa’s economy expanded modestly in the fourth quarter following a mild contraction in the previous period.
South Africa's economy returns to growth in the fourth quarter
South Africa's economy returned to modest growth in the fourth quarter of last year after a small contraction in the previous ...
Credit markets start to show signs of angst as economic growth concerns build
Credit investors have been very sanguine for a while, pushing spreads for highly-rated corporate debt - the extra the businesses must pay to borrow compared to Treasurys - to multi-year lows. Bullish ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
India's economic growth picks up on rising government, consumer spending
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...