Economy

Liberation day and the end of the world’s trade war against America

President Trump is set to step into the Rose Garden tomorrow for what may be the most consequential economic announcement of his second term. Markets are bracing. Diplomats are dialing. Pundits are speculating wildly. But no one—not Wall Street, not foreign governments, not even some inside the West Wing—seems to know exactly what will be announced.

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Some economic indicators point toward a recession, Colorado financial adviser analyzes

There’s been a lot of uncertainty recently about whether or not the United States will soon enter a recession. But some indicators suggest that’s the direction we’re headed, according to Colorado financial adviser Bruce Allen.

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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts.

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Secretary Bessent on ‘reprivatization’ of economy: ‘We are laser-focused on getting this deficit under control’

Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trump’s administration is “laser-focused” on cutting the deficit and getting spending “under control,” part of his larger vision of “reprivatization” of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth. Bessent said he joined Trump on the campaign trail last year and later joined his cabinet because he was “so alarmed” by the “high level of government spending” that had taken hold in recent years.

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