During a typical recession, consumer demand drops, meaning that companies selling products and services lower their prices (or at least not raise them) in order to entice reluctant customers to spend.

Consumer sentiment has taken a significant hit since the start of 2025. The University of Michigan Consumer Sentiment Index ...

(AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation ... economy. He acknowledged that many businesses have said they are holding off on new investments ...

Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that the import taxes are “highly likely” to ...

In the US, the January inauguration marked the start of a term with assertive trade policies. Is a severe recession likely?

March 31 (UPI) --Investment bank Goldman Sachs has warned that U.S. President Donald Trump's sweeping new tariffs may spike inflation and shrink the economy in coming months to the point of a ...

Watch Powell’s remarks in the player above. Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that ...