US economy showing signs of tariff stress - 18 Jul 2025
Guy Le Bas from the wealth management and investment banking firm Janney Montgomery Scott says the US is going through unusual economic uncertainty as Trump's tariffs have paralysed corporate decision making. He says while there's some evidence of a slowing economy, others are in favour of waiting for a bit more information. . the mixed messages on the US economy from this week’s data – and whether the Federal Reserve will soon cut interest rates.