Americans, not foreigners, are bearing almost the entire cost of U.S. tariffs, according to new research
New research contradicts President Trump’s claim that foreigners are footing the bill.
EU’s Retaliatory Tariffs on U.S. Goods Could Kick in Feb. 7, Official Says
The EU could implement a currently suspended package of tariffs on some $108 billion of U.S. goods a year.
A surge in exports powered China’s growth last year, defying expectations that a trade war with the U.S. would hobble the world’s second-biggest economy
Momentum slowed recently, with last year’s economic performance underscoring how China’s growth has become increasingly lopsided.
IMF Sees Stronger Growth, but Sounds Warning on Higher Tariffs and AI Correction
The global economy is set to grow faster than previously expected this year, though could falter if trade barriers rise again and geopolitical conflicts intensify, it said.
U.K. House Prices See Record January Jump as Post-Budget Uncertainty Fades
Average asking prices rose 2.8%, according to Rightmove data, suggesting market sentiment is rebounding following the volatility sparked by the U.K. budget.
President Trump’s threatened 10% tariffs on several European allies in an effort to pressure Denmark into selling Greenland to the U.S. would likely hit a range of luxury and specialty goods.
The president’s push to acquire Greenland threatens higher prices for luxury imports.
Economists will tell you that it is a tough time for people entering the job market. They can relate: It is the worst market young economists have faced in memory.
Newly minted Ph.D.s tend to work for universities, government agencies and big white-collar companies. It’s not a great hiring time for any of them.
Economists have learned to stop worrying about Trumponomics, the latest WSJ survey shows
Last year, economists slashed expectations amid tariffs and other Trump policies. The latest survey shows those concerns have largely receded.
Inflation slowed over the course of 2025, but Americans remain frustrated that they haven’t seen more relief on prices, particularly at the grocery store
Gasoline prices are down, but rising grocery costs continue to weigh on consumers.
President Trump signaled that he might keep National Economic Council Director Kevin Hassett, a top contender for Federal Reserve chair, in his current job
Kevin Hassett is widely seen as one of the president’s top choices to lead the Fed, alongside former Fed governor Kevin Warsh.
Fed Well Positioned to Determine Additional Interest-Rate Adjustments, Vice Chair Jefferson Says
The Federal Reserve’s current policy stance on interest rates leaves the central bank well positioned to determine the extent and timing of additional rate adjustments based on incoming data, Philip Jefferson said.
Week Ahead for FX, Bonds: U.S. PCE Data, Bank of Japan Decision, Davos Forum in Focus
U.S. PCE inflation data will be watched in the coming week, alongside U.S. gross domestic product numbers, as investors continue to gauge the likely timing of the next Federal Reserve interest-rate cut.
Fed’s Bowman Says Rates Have More Room to Fall
Speaking at an economics conference in suburban Boston, Bowman said that even after three quarter-point rate cuts in late 2025, the Fed’s interest-rate setting is still “moderately restrictive,” meaning that Fed policy is still leaning against inflation and economic growth.
WSJ reporters in Boston and New Orleans bought the agriculture secretary’s suggested $3 meal
Reporters in Boston and New Orleans bought the agriculture secretary’s suggested meal.
Australian Rate Increase Could Be More Likely Than Markets Expect
With the Fed under pressure to cut interest rates more, its counterpart in Australia is facing a different dynamic with implications for global currency and fixed-income markets.
The criminal investigation into Federal Reserve Chair Jerome Powell threatens to upend the contest over whom President Trump will choose to succeed him
Trump wants a loyalist. Senators want independence. Backlash to a Justice Department probe highlights how those goals are in conflict.
The WSJ Dollar Index Rises 0.16% to 96.60
The WSJ Dollar Index rose 0.2% — up 10 of the past 13 trading days.
New Zealand Manufacturing Surges Back To Life In December
The BusinessNZ performance of manufacturing index rose 4.4 points to 56.1, its highest level since 2021.
Fed’s Schmid Says Inflation Warrants Keeping Interest Rates Unchanged
Schmid, one of three dissenters in Federal Reserve’s decision for quarter-point rate cut in December, said that with inflation above the Fed’s 2% target for more than four years policymakers don’t have room to be complacent.
In an interview, the Philly Fed’s new president shows support for Fed Chair Jerome Powell and says rate cuts can wait
In her first interview with a national outlet since taking the job, Anna Paulson says the central bank chair has been “very effective.”
SocialEconomyFeed
Subscribe to WSJ Economy feed