Why Donald Trump will focus on the Fed in 2026

US President Donald Trump’s tariffs will undoubtedly play a significant role in how we will remember 2025. While economists predicted a growing possibility of a recession back in April, the US economy displayed unexpected resilience, with third-quarter growth reaching a stunning 4.3 per cent, bolstered by robust consumer spending and strong capital expenditure related to artificial intelligence. The impact of tariffs on inflation persists, although it appears less severe than economists feared....