Ben Casselman

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Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence…

Despite Dire Warnings, the Economy Is Holding Up. Can That Last?

Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how…

Second Fed Official Indicates Support for Faster Rate Cuts

Comments from two officials, both appointed by President Trump, suggest a split among policymakers.

The Fed Isn’t Calling It ‘Stagflation,’ but the Risks Are Rising

President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East…

Can We Trust a Jobs Report From the Trump Administration? Yes, With Caveats.

Current and former employees at the Bureau of Labor Statistics, Census Bureau and other agencies say they have confidence in the numbers.

U.S. Is Trimming Back Its Collection of Consumer Price Data

The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.

Trump’s China Deal Eases Tariffs but Doesn’t Resolve Future Uncertainty

A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.

U.S. Economy Shrank in First Quarter as Trump Tariffs Loomed

Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.

Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows

Reducing federal support for research and development could cause long-run economic damage and reduce government revenue.