Fed saw last month less risk of U.S. recession

Fed saw last month less risk of U.S. recession

The U.S. Federal Reserve Board’s policy-making committee saw much less risk of recession at its most recent meeting in December, when it kept interest rates steady after three straight cuts and signalled that it expected to keep low rates unchanged through this year. Minutes of the December meeting, released Friday, showed that Fed officials supported […]

Trump may point fingers, but sources say he’s secretly worried signs of recession could hamper his re-election

Trump may point fingers, but sources say he’s secretly worried signs of recession could hamper his re-election

WASHINGTON—U.S. President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation’s strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won’t look so good come Election Day. The financial markets signalled […]