It takes a lot to kill an economic expansion, typically requiring a major shock ...
WASHINGTON - It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession.
In raising interest rates four times last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs only modestly so far, Trump tweeted. “Too bad, so much to gain on the upside!” Causing even more concern: The yield on the 2-year Treasury note briefly went above the yield on the 10-year Treasury note, the sort of “inversion” that, when it proves durable, has preceded prior U.S. recessions.
Yet, as Trump’s trade rhetoric and his imposition of tariffs on trading partners ratcheted up this year, particularly since May, investors have acted as if a breaking point had been reached.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Opinion | Trump Is Right—the Fed Is Still TighteningFrom WSJopinion: Why is the Fed cutting rates on the one hand and embarking on a generation-long regime of quantitative tightening on the other, asks DonLuskin
Consulte Mais informação »
Trump delays tariffs on Chinese cellphones, laptops, toys; markets jumpTrump delayed a 10% import tariff on laptops, cell phones, video game consoles and a wide range of other products made in China. Here's StephenNellis on why the news boosted Apple shares. Read more: $AAPL
Consulte Mais informação »
Julián Castro Buys ‘Fox & Friends’ Ad To Blame Donald Trump For Inspiring El Paso ShooterJulián Castro plans a rude interruption of Donald Trump’s executive time Wednesday. The Democratic White House hopeful has bought a half-minute of ad time on POTUS’ go-to appointment sh…
Consulte Mais informação »
Trump immigration official offers rewrite for Statue of Liberty poemTrump's top immigration official offered a revised version of the poem featured at the base of the Statue of Liberty that aligns more closely with the administration's latest immigration rule
Consulte Mais informação »