China, Trump and Powell
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China, Trump and tariffs
Digest more
Trump’s trade deals won’t be helping the Federal Reserve roll back interest rates anytime soon, according to Bloomberg columnist Bill Dudley. He questioned the “optimism” people are having as the tariffs roll back in the U.
President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.
The Federal Reserve got one more reason to wait on cutting interest rates after a delay of the most punitive tariffs imposed in the Trump administration's trade battle with China appeared to reduce the chance of a U.
Federal Reserve Chairman Jerome Powell said last week he needed 'further clarity on tariffs' before moving on interest rates.
2don MSN
Trump's trade deal with China and pause on the highest tariffs means another surge is coming in global trade, but business uncertainty isn't going away.
Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.
Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed to a 90-day pause in their trade war to allow for negotiations.
Federal Reserve Governor Adriana Kugler said Monday that steeper tariffs will drive prices higher, acting to push down incomes and lower economic growth. “Although higher tariffs on U.S. imported goods may affect our macroeconomy through many