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Brokerprohr
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60 followers
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U.S. economy expected to slow, damaged by trade war: Reuters poll
In  World Economy News   24/08/2018 U.S. economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump’s trade war to inflict damage. Boosted...

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Trade war will come back to bite US economy, suggests poll
In  World Economy News   24/08/2018 US economic growth will slow steadily over the coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists who expect President Donald Trump’s trade war to inflict damage. Boos...

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Drop in U.S. jobless claims points to labor market strength
In  World Economy News   24/08/2018 The number of Americans filing for unemployment benefits fell last week, a sign the labor market was holding firm despite tensions between the United States and its trading partners that have led to tit-for-tat tariffs. I...

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Beijing retaliates as new US tariffs kick in on $16 billion of Chinese goods
In  World Economy News   24/08/2018 A new round of U.S. tariffs on $16 billion worth of Chinese imports kicked in on Thursday, prompting Beijing to retaliate with its own levies on American goods worth the same amount. The latest trade escalation comes as o...

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US-China trade war hits $100 billion in goods
In  World Economy News   23/08/2018 From Harley-Davidson motorcycles and American bourbon to Chinese parts and machinery, the world’s two largest economies have exchanged punitive tariffs that slice through a wide swath of products. As of Thursday, the Unit...

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Trump and China are ratcheting up tariffs. Here’s what that means
In  World Economy News   23/08/2018 Apple’s iPhone, umbrellas and shoes were some of the goods that made up the $505 billion worth of China-made products imported to the U.S. in 2017. While many items imported to the U.S. are not taxed, American import duti...

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India, other major countries casualties of booming American economy
In  World Economy News   23/08/2018 Making America great again isn’t proving so great for other parts of the world. With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump’s trade war threatens Chin...

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Fed Signals Readiness to Hike Again If Economy Stays On Track
In  World Economy News   23/08/2018 U.S. central bankers are ready to raise interest rates again so long as the economy stays healthy, according to a record of the Federal Reserve’s most recent policy meeting. “Many participants suggested that if incoming d...

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The Fed May Be About to Make a Mistake
In  World Economy News   23/08/2018 The natural state of a capitalist economy is expansion. Recessions occur when “something breaks” rather than an expansion simply dying of old age. Unfortunately, central banks have a history of pumping the brakes for too ...
The Fed May Be About to Make a Mistake
The Fed May Be About to Make a Mistake
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America’s Booming Economy Comes With a Cost for Global Growth
In  World Economy News   23/08/2018 Making America great again isn’t proving so great for other parts of the world. With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump’s trade war threatens Chin...
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