Atlanta Fed president issues one of the most direct warnings yet from a top monetary-policy official about the consequences of President Trump’s aggressive stance toward the Fed.
The volume of goods moving across national borders increased by 4.4% in 2025, a pickup from 2.5% in 2024, according to the Netherlands Bureau for Economic Policy Analysis.
Thailand’s central bank surprised markets by cutting its policy rate at its first meeting of the year, delivering a second consecutive round of easing to bolster tentative signs of recovery.
Research group The Conference Board said its consumer confidence index rose to 91.2 from an upwardly revised 89 in January. Economists polled by The Wall Street Journal had expected a reading of 86.8.
A solid consumer economy and steady labor market mean that the Fed should be primarily focused on addressing elevated inflation, Chicago Fed President Austan Goolsbee said.
China has banned exports of dual-use items to a broad list of Japanese entities because of their military ties, escalating Beijing’s monthslong dispute with Japan over Taiwan.
Orders from U.S. factories fell 0.7% in December to $617.5 billion, from $621.9 billion in November. Economists polled by The Wall Street Journal were expecting a 0.2% increase.
Federal Reserve governor Christopher Waller indicated that he may join the majority of Fed officials likely to support leaving interest rates on hold in March if February data show the labor market on solid footing.
With the bulk of Trump’s tariffs struck down by the Supreme Court, and a new, temporary global tariff in place, fresh questions are hanging over the U.S. economy.