Amara Omeokwe | (TNS) Bloomberg News Donald Trump’s victory in Tuesday’s presidential contest injects deep uncertainties into the U.S. economic outlook that could alter the Federal Reserve’s policy calculus in the months ahead, while renewing questions about how fiercely he might pressure the central bank during his second term in the White House. In his campaign, Trump promised to wield tariffs more aggressively against U.S. trading partners, deport millions of undocumented immigrants and extend his 2017 tax cuts.
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Tribune News Service, Denver Post: Politics
Wed, 11/06/2024 - 11:46am
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BING NEWS:
- Trump’s Victory Casts a Shadow Over the Federal Reserve
(Bloomberg) -- Donald Trump’s victory in Tuesday’s presidential contest threatens to upend the US economic outlook and alter the Federal Reserve’s policy calculus in the months ahead, while renewing ...
11/6/2024 - 7:54 am | View Link - Trump re-inherits Social Security's problems, and another change to fix them
The next president has proposed cutting Social Security benefits taxes, which would deplete the system faster. Bipartisan support is needed to pass reforms, observers say.
11/6/2024 - 7:16 am | View Link - Trump’s Win Casts Shadow over US Climate Progress, Global Leadership
He won support with pledges to solve economic woes. But his fossil-fueled solutions and retreat from international cooperation would worsen the climate crisis.
11/6/2024 - 6:15 am | View Link - A Trump victory expected to have bearish impact on oil market: Experts
A possible victory for the Republican candidate and former US president Donald Trump in the US elections is expected have a bearish impact on the oil market, further dragging crude prices, experts ...
11/6/2024 - 4:11 am | View Link - Donald Trump’s victory casts a shadow over the US Federal Reserve
Fed officials are scheduled to begin a two-day policy meeting Wednesday (November 6). They are widely expected to lower their benchmark interest rate on Thursday by a quarter percentage point, a move ...
11/6/2024 - 4:10 am | View Link - More
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