News

In December, the PPI rose the most in three months, while an underlying gauge that strips out food and energy jumped at one of the fastest rates of 2025.

If they don't reach an agreement, government funding will lapse on Saturday for much of the federal government.

About the dollar's decline, the president said, "I think it's great. ... Look at the business we're doing. The dollar's doing great."

"The window for a cut under a Powell-led Fed is essentially closed. He is more optimistic about the labor market and economy overall than he was."

"Spending has remained resilient. That makes us think the decline in confidence is overdone and will rebound soon."

"In general, we've seen Trump walk back his most attention-grabbing threats, which tend to be those that would drastically increase the U.S. effective tariff rate or threaten the trade truce with China."