Federal Reserve Chairman Jerome Powell says the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth.
— Read on www.cnbc.com/2019/09/06/powell-says-feds-lower-rates-are-helping-to-keep-the-economy-in-a-good-place.html
Tag: United States
Fed rates: Investors unlikely to be satisfied with quarter-point cut
A quarter-point reduction would follow a July cut that was the first in 11 years. Still, it would be unlikely to placate President Trump.
— Read on www.cnbc.com/2019/09/05/fed-rates-investors-unlikely-to-be-satisfied-with-quarter-point-cut.html
China and US agree to meet in October for trade negotiations
China’s top trade negotiator Liu He spoke with USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin Thursday, the Commerce Ministry said.
— Read on www.cnbc.com/2019/09/05/china-and-us-agree-to-meet-in-october-for-trade-negotiations-chinese-state-media.html
Trump-Abe trade deal helps U.S. farmers, staves off auto tariffs – BNN Bloomberg
Trump-Abe trade deal helps U.S. farmers, staves off auto tariffs – BNN Bloomberg
— Read on www.bnnbloomberg.ca/trump-abe-trade-deal-helps-u-s-farmers-staves-off-auto-tariffs-1.1306836
Hedge-fund billionaire: Don’t miss out on this historic investment opportunity – MarketWatch
Ray Dalio is a bigtime China bull, even as the trade war intensifies.
— Read on www.marketwatch.com/story/hedge-fund-billionaire-dont-miss-out-on-this-historic-investment-opportunity-2019-08-07
Fed cuts rates for first time since 2008: Morning Brief
Top news and what to watch in the markets on Thursday, August 1, 2019.
— Read on ca.finance.yahoo.com/news/fed-cuts-rates-for-first-time-since-2008-morning-brief-101611500.html
S&P 500 hits new record after Trump and Xi agree to trade truce
The U.S. and China agreed to hold off on slapping additional tariffs on their products in an effort to resume trade talks.
— Read on www.cnbc.com/2019/06/30/dow-futures-surge-220-points-at-the-open-after-trump-and-xi-agree-to-not-impose-more-tariffs.html
Trump Says U.S. ‘Back on Track’ With China After Meeting Xi – Bloomberg
President Donald Trump said the U.S. was “right back on track” with China after a high-stakes meeting with Xi Jinping on Saturday.
— Read on www.bloomberg.com/news/articles/2019-06-28/trump-xi-to-meet-at-trade-war-crossroads-fraught-with-risks
US Deputy Energy Secretary Dan Brouillette on US oil and natural gas
The U.S. will maintain its oil production — or even ramp it up higher — despite low energy prices and slowing economic growth, Deputy Energy Secretary Dan Brouillette said Wednesday.
— Read on www.cnbc.com/2019/06/12/us-deputy-energy-secretary-dan-brouillette-on-us-oil-and-natural-gas.html