
Bailey Schulz
Money Reporter at USA Today
Las Vegas-based money reporter for @USATODAY. News tips? Email [email protected].
Articles
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2 days ago |
eu.citizen-times.com | John Bacon |Bart Jansen |Zac Anderson |Bailey Schulz |Joey Garrison
The deal comes days after the Trump administration announced a deal with the United Kingdom. John Bacon Bart Jansen Zac Anderson Bailey Schulz Joey GarrisonUSA TODAYThe U.S. and China said Monday that they have agreed to slash reciprocal tariffs as the world's two biggest economies seek to end a trade war that has fueled fears of inflation and recession and disrupted financial markets around the globe.
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1 week ago |
sg.finance.yahoo.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
“We are going to need to see how this evolves. There are cases in which it would be appropriate for us to cut rates this year. There are cases in which it wouldn't. And we just don’t know until we know more about how this is going to settle out and what the economic implications are for employment and for inflation,” he said.
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1 week ago |
usatoday.com | Bailey Schulz |Paul Davidson |Andrea Riquier |Medora Lee |Rachel Barber
Despite President Donald Trump pressing for lower interest rates, economists say the Federal Reserve will likely stick to its wait-and-see approach and hold rates steady on May 7. The Fed will likely need more clarity before ending the pause, economists say.
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1 week ago |
greatfallstribune.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
Paul Davidson Bailey Schulz Rachel Barber Andrea Riquier Medora LeeUSA TODAYWASHINGTON – The Federal Reserve is still firmly in wait-and-see mode. The Fed left its key interest rate unchanged again Wednesday and gave no hint it plans to lower it soon as President Donald Trump’s sweeping tariffs raise the risks of both another inflation spike and recession. But officials signaled they're growing increasingly concerned about both hazards.
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2 weeks ago |
azcentral.com | Paul Davidson |Francesca Chambers |Dian Zhang |Swapna Venugopal Ramaswamy |Medora Lee |Andrea Riquier | +1 more
Paul Davidson Francesca Chambers Dian Zhang Swapna Venugopal Ramaswamy Medora Lee Andrea Riquier Daniel de Visé Bailey SchulzUSA TODAYU.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years. Experts attribute the contraction to a surge in imports as businesses stocked up before Trump's tariffs took effect. Despite the decline, key economic indicators like consumer spending and business investment showed solid growth.
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