Famed economist Larry Summers slams Trump’s tariffs as a ‘self-inflicted wound’ on the US economy — warns they will fuel inflation within months
Economist and former Treasury Secretary Larry Summers isn’t known for sugarcoating his views on policy — and he’s making no exception when it comes to President Donald Trump’s sweeping new tariffs.
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Shein, Temu face cost of adapting to new US customs rules
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of ...
Bank of England CUTS interest rates to 4.5% in boost for Brits
The Bank of England cutt interest rates today as it bids to revive the stalling economy. The Monetary Policy Committee voted ...
Bank of England cuts rates to 4.5%, sees higher inflation, weaker growth
Bank of England Governor Andrew Bailey said the BoE would be "monitoring the UK economy and global developments very closely ...
Stock market today: Markets on Wall Street quietly mixed as earnings come in ahead of jobs data
Trading on Wall Street is mixed and subdued with the arrival of more quarterly financial reports from major corporations and ...