United States: U.S. Business-Equipment Orders Decline by More Than Expected Orders with U.S. factories for business equipment declined in April by more than expected in the first drop this year, signaling deepening fallout from the trade war with China even before the latest increase in tariffs. A proxy for business investment -- non-military capital goods
United States: Fed May Shed Clues on Debate Over Rate Cut: Minutes Preview Federal Reserve Chairman Jerome Powell has cautioned against the need for an interest-rate cut. A record of the U.S. central bank’s most recent meeting could reveal if policy makers in fact discussed that option. Minutes of the Federal Open Market Committee’s April
United States: QE May Be Over, But the Fed’s U.S. Debt Hoard Is About to Soar If you thought the Federal Reserve was done with quantitative easing, you might only be half right. As soon as next year, analysts say the Fed will resume large-scale buying of debt securities -- this time just U.S. Treasuries
United States: Fed’s Kaplan Says Watching Trade War Impact on Economy, Prices Federal Reserve Bank of Dallas President Robert Kaplan says trade tensions might have a chilling effect on the U.S. and global economy, and he’s also watching for the potential effects on inflation. Some end-markets may be jeopardized by the U.S.-China trade dispute, but
United States: Fed’s Williams Sees U.S. Inflation Hit From Escalating Trade War U.S. trade tariffs are already starting to push up inflation and will have a greater impact as they rise, though the U.S. economy is in a “good place” right now, according to Federal Reserve Bank of New York President John Williams. Williams said
United States: Trump Warns China Impasse to Worsen If Xi Retaliates on Tariffs President Donald Trump threatened that the trade standoff with China will “get worse” if there is retaliation for U.S. tariffs that go into effect on Chinese goods Monday. “I say openly to President Xi & all of my many friends in China
United States: U.S. Consumer Prices Trail Estimates, Testing Powell's View A key measure of U.S. consumer prices rose by less than expected in April on lower used-car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory while giving President Donald Trump more ammunition to argue for an interest-rate cut. The
United States: U.S.-China Trade Gap Shrank in March to Smallest Since 2016 The U.S. trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced, offering President Donald Trump a chance to claim his tariff war is yielding the desired results just as negotiations reach a critical stage.
United States: Mexico Border Delays Weigh on U.S. Investment and Factories More cargo from Mexico to the U.S. is being held up at the border, accompanied by increasing evidence that such delays are dimming prospects for American companies. Slower trade between the countries since federal border officers were recently redirected to deal with a surge
United States: Trump's Tariff Threat Leaves Beijing Stalling on Next Talks Talks between the U.S. and China to resolve their year-long trade standoff appeared to be on life-support Monday, with Beijing struggling to respond to tweets by President Donald Trump that threaten an escalation of tariffs by the end of the week. China’s foreign ministry
