Greg Robb

1 week ago | marketwatch.com | Greg Robb

The U.S. trade deficit in goods narrowed 46% to $87.6 billion in April from a record $162.3 billion in March, according to the Commerce Department’s advanced estimate released Friday. After stockpiling consumer goods in the first quarter to avoid expected tariffs, firms essentially stopped importing goods in April. The deficit was much narrower than the $143 billion deficit forecasted by economists according to an Econoday survey. Falling imports will boost GDP growth in the second quarter.

1 week ago | cn.wsj.com | Greg Robb

美国总统唐纳德·特朗普(Donald Trump)和美联储主席杰罗姆·鲍威尔(Jerome Powell)周四在白宫举行了非公开会晤，两人在利率路径问题上未能达成共识。根据美联储和白宫的说法，这两位领导人似乎是各说各话。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

1 week ago | morningstar.com | Greg Robb

By Greg Robb The Fed chair and the president sat down for a private meeting at the White House on Thursday President Donald Trump and Federal Reserve Chair Jerome Powell met privately at the White House on Thursday and there was no meeting of the minds on the path of interest rates. Instead, according to the accounts from the Fed and the White House, the two leaders seemed to talk past each other. Trump used the meeting to continue to urge Powell to cut interest rates.

1 week ago | morningstar.com | Greg Robb

By Greg Robb The Fed chair and the president sat down at the White House on Thursday Federal Reserve Chair Jerome Powell met with President Donald Trump at the White House on Thursday to discuss the economic outlook, the Fed said in a statement posted on its website.

1 week ago | marketwatch.com | Greg Robb

Federal Reserve Chair Jerome Powell met with President Donald Trump at the White House on Thursday to discuss the economic outlook, the Fed said in a statement posted on its website. The statement said that Powell did not discuss his expectations for interest-rate policy, “except to stress that the path of policy will depend entirely on incoming economic information and what it means for the outlook.”Powell also stressed the Fed is required by law to support stable markets and low unemployment.