United States: U.S. January Trade Gap Narrows as Imports From China Plummet The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost. The deficit in goods and services narrowed
United States: Fed Policy ‘About Right’ After Pivot, Economists Say The Federal Reserve is getting monetary policy “about right” after pivoting in recent weeks to a decidedly more dovish posture than at the end of 2018, according to a plurality of economists surveyed by Bloomberg. Just under half of all respondents to a March 21-22
United States: Powell Aims to Dodge Japan Deflation Trap With Dovish Fed Tilt Almost 40 years after Paul Volcker brought the U.S. economy to its knees to bring inflation down, Federal Reserve Chairman Jerome Powell and his colleagues are on a mission to stoke price pressures and avoid a Japan-like deflationary trap. Declaring that too-low
United States: Fed May Retain Bias to Hike Interest Rates: Decision-Day Guide Federal Reserve Chairman Jerome Powell says the central bank has no bias in whether its next move is up or down, but his colleagues may deliver a more hawkish message. The Federal Open Market Committee is likely to forecast one interest-rate increase for
United States: Rate-Hike Patience May Leave Fed in a Bind If Inflation Softens Federal Reserve officials say they’re willing to tolerate an overshoot of their inflation goal. If the opposite happens, the plan is less clear. Core inflation, excluding energy and food prices, is currently just shy of the central bank’s 2 percent target. Most
United States: Fed Expected to Hit Rate Cycle’s Peak After One More Hike: Survey The Federal Reserve will bring the current cycle of interest-rate increases to an end after one more hike later this year, according to a new Bloomberg survey of economists. The median of responses in the March 13-15 poll predicted one hike
March 15, 2019 PanJam Investment Limited (PJAM) has advised that on March 14, 2019, a Director purchased 833,527 PJAM shares under the Company’s Long Term Incentive Plan. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any
United States: Why the U.S. Trade Deficit Keeps Growing Ever since U.S. President Donald Trump came to power, his administration has focused on shrinking the trade deficit, pressuring foreign countries to reduce barriers to American exports. Yet the government recently reported that the deficit rose significantly in 2018, to $621 billion. What gives? Shouldn’t Trump’s
United States: China and U.S. to Push Back Trump-Xi Meeting to at Least April A meeting between President Donald Trump and President Xi Jinping to sign an agreement to end their trade war won’t occur this month and is more likely to happen in April at the earliest, three people familiar with the matter said.
United States: U.S. Business-Equipment Orders Advance by Most in Six Months Orders placed with U.S. factories for business equipment rebounded in January by the most in six months, a sign demand is withstanding concerns about slower global growth and the trade war with China. Non-military capital goods orders excluding aircraft -- a proxy for business
