The problem for the U.S. Fed: Recession warnings are everywhere, except in the data

Quick Summary:

Situation is reminiscent of the early days of the Covid-19 pandemic.

Evidence for the economic impact of US President Donald Trump’s trade wars is everywhere – except, for the most part, in economic data itself.

McDonald’s and Chipotle reported declining sales last quarter, but Yum Brands – owner of Pizza Hut, KFC and Taco Bell – saw sales rise despite what its chief financial officer called a “complex consumer environment”.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Tariffs Economy Anecdotes Data Evidence Consumers Layoffs Spending Economists Prices Consumer

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 10:55:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 961 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28488386

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 5 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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