Despite all of his attacks on the Federal Reserve, President Donald Trump says Chairman Jerome Powell’s job is safe.
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Germany, Europe’s industrial powerhouse and biggest economy, may be entering a recession, according to a gloomy report from the country’s central bank Monday.
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.
The Federal Reserve is leaving its key interest rate unchanged but signaling that it’s prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.