Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it's far from alone in that view.
Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
The CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core
Economists say the talks are "already a win" for Putin, whose economy is limping along after three years of war.
Following the latest bilateral meeting in Stockholm in July, Beijing had struck an optimistic tone on an extension, while U.S. negotiators had put the ball in Trump's court.
Spending on mood-boosting products and experiences is proving resilient as consumers seek a morale boost in hard and uncertain times.
The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.
Many of the U.S.' trading partners now face higher tariffs on their exports to the country.
Say what you like about U.S. President Donald Trump's leadership style and policies, but he certainly has a unique way with words.