The Business Times

Ramkishen S Rajan

FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo
THE BOTTOM LINE

Tariff turmoil and the Fed: A stagflation minefield

[Claremont, California] After a prolonged period of interest rate hikes to curb inflation, the Federal Reserve held the federal funds rate at...

(FILES) US President Joe Biden meets with US President-elect Donald Trump in the Oval Office of the White House in Washington, DC, on November 13, 2024. President Trump said on February 7, 2025, he was revoking his predecessor Joe Biden's security clearance, which entitles former presidents to receive sensitive information even after they have left office. "We are immediately revoking Joe Biden's Security Clearances, and stopping his daily Intelligence Briefings," Trump said on his Truth Social network, adding in capitals: "JOE, YOU'RE FIRED." (Photo by SAUL LOEB / AFP)

From coalitions to tariffs: The US economic reset and its impact on Asia

While President Donald Trump and his predecessor Joe Biden have the same economic objectives, their strategies differ markedly

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