John Carney - Page 2

A super-majority of Americans, across racial and ethnic groups, think the stock market is important, according to the latest survey by YouGov for the Economist.

The Federal Reserve is about to triple down on its September rate cut mistake by reducing its benchmark for a third consecutive time next week.

Core inflation rises for the fourth straight month.

Trump’s tariffs, far from being the Grinch, may well be the unseen Santa, bringing the gift of a healthier trading system to the good little boys and girls of the world.

The outlines of a Republican legislative agenda for Trump’s second term are beginning to take shape, but a key decision could send troubling signals to businesses and consumers.

The University of Michigan’s index of consumer sentiment rose in early December to its best reading since April, boosted by more positive views among Republicans and independents following the election of Donald Trump.

Economists had been expecting 215,000 after storms and strikes led to much-worse-than-expected growth in October. 

The good times are back again for America’s heartland.

A much larger drop than expected after the port strike was put on hold until next year.

The election of Donald Trump has already sparked a turnaround in sentiment among consumers and businesses, with the vibecession falling away and the rosy-fingered dawn of a new golden age spreading from sea to shining sea.

Federal Reserve officials appear poised to repeat the mistake of September and November by cutting interest rates again when the economic data clearly calls for a pause.

The stronger than expected job openings figures call into question the need for further rate cuts from the Fed and cast doubt on the wisdom of the rate cuts in September and November.

Meet the little lady who was the real founder of our great national feast day.

The acceleration of inflation since the Federal Reserve cut interest rates in September suggests that the move was a mistake.

The confidence of the Fed that inflation would move back to its two percent target even with lower rates looks misplaced.

Donald Trump has been very clear that he plans to use tariffs as a tool to pursue U.S. geopolitical interests.

Consumer confidence climbed in November, reaching its highest level in over a year, as Americans responded to an improving economy and Donald Trump’s return to the presidency. The Conference Board’s consumer confidence index rose to 111.7, up from a revised

In Scott Bessent, Donald Trump has chosen a capable lieutenant to ensure his economic policies can be revived after the inflation-ridden interregnum of the Biden administration.

President Biden may have pardoned the White House turkeys this year but American households are still serving the stiff sentence of Bidenflation.

U.S. stocks and bonds climbed Monday as investors welcomed President-elect Donald Trump’s choice for Treasury secretary.

The numbers don’t lie. Hope and confidence are back in style, and the economy is starting to feel it.

Republicans haven’t felt this optimistic about the economy since October of 2020.

Donald Trump and JD Vance saw a surge in their favorability rating among voters aged 18 to 29 following their victory on Election Day.

This is how the Biden economy is ending: not with a boom but a whimper.

The woes of Target hold a message for anyone who thinks that Walmart will raise its prices in reaction to tariffs President-elect Donald Trump is likely to raise on imports from China.

Businesses do not expect increased costs despite Trump’s promise to raise tariffs on imports.

The Republican Party has returned to its traditional stance in favor of tariffs and economic nationalism.

Trump is likely sending a fierce defender of his tariff proposals to run the Commerce Department, according to reports.

Now that the election is safely in the past, we are finally getting some clarity about the economically damaging inflation that crippled Biden’s presidency and swept the legs out from Kamala Harris’s attempt to become the 47 president.

Homebuilders see the election as opening up room for more construction, possibly easing the affordability crisis that has gripped America during the Biden era.

A question we get asked a lot about is how the Federal Reserve is likely to react to President-elect Donald Trump’s tariffs. The short answer is that the Fed is likely to ignore them.

Krugman’s conspiracy theory ignores the structural safeguards that make U.S. economic data among the most reliable in the world.

In the article, Bessent advocates for the deployment of tariffs to protect and promote American industries, drawing parallels to Alexander Hamilton’s early economic policies.

One of the reasons Democrats were caught off guard by the strength of support for Donald Trump across America is that they underestimated the importance of inflation and economic conditions to voters.

Republicans and independents moved to expect lower inflation while the majority of Democrats expect higher inflation.

The producer price index indicates that inflation is not yet ready to go gently into the night.