Tag: trump Economy

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Is Jerome Powell’s Rate Freeze a Political Move Against Trump’s Economic Agenda?

jerome powell favorable place economy 2464898199 scaled

the staff of the Ridgewood blog

Wall Street NY, in the high-stakes world of U.S. monetary policy, Federal Reserve Chair Jerome Powell has built a reputation as a cautious decision-maker—balancing the twin mandates of controlling inflation and supporting employment. But as President Donald Trump’s economic vision—fueled by aggressive tariffs and growth-oriented policies—advances, Powell’s refusal to cut interest rates is sparking fresh speculation: Is this really about economics, or is politics creeping into the Fed’s decisions?

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U.S. GDP Surges 3% in Q2 2025, Crushing Expectations as Trump Urges Fed to Cut Rates

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US Economy Roars Back: 3% GDP Growth in Q2 2025 Surprises Wall Street

the staff of the Ridgewood blog

WASHINGTON, D.C. – In a striking turnaround, the U.S. economy posted 3% GDP growth in Q2 2025, handily beating the Dow Jones estimate of 2.3% and reversing a disappointing 0.5% decline in Q1. The stronger-than-expected performance was fueled by a dramatic drop in imports and renewed consumer strength, despite trade tensions and lingering concerns over inflation and interest rates.

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New Government Data Shows the Broad Strength of the United States Job Market

Number of Unemployed Workers per 100 Job Openings Q4 20181

the staff of the Ridgewood blog

Washington DC, New data released this morning from the Bureau of Labor Statistics’ (BLS) Job Openings and Labor Turnover Survey (JOLTS) showed that there were 7.4 million job openings in April, once again illustrating the strong job market for people looking for work.  For more than a year these data have found that there are more job openings than unemployed workers. For the first time, a new experimental series recently produced by the BLS also allows for an analysis of job openings at the State level.

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