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Global central bank interventions raise specter of 'currency war'

Global central bank interventions raise specter of ‘currency war’ MarketWatch 2/6/2021 Are central banks on the verge of a currency war with the U.S? That’s the question on the minds of some investors and economists as the U.S. dollar’s decline in the year has forced central banks across the world to intervene in their own currencies at the risk of attracting the scrutiny of the new Biden administration which is eager to support U.S. factories and create manufacturing jobs. With polic...
United States Republic Of Janet Yellen Ed Al Hussainy Thomas Jordan James Bullard
Source: msn.com

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Fed dissent and bond volatility are in Powell's taper future

Fed dissent and bond volatility are in Powells taper future Craig Torres and Liz Capo McCormick, Bloomberg News Jerome Powell Photographer: Andrew Harrer/Bloomberg , Bloomberg Jerome Powell doesn’t want to talk about scaling back massive Federal Reserve asset purchases -- at least not yet -- but it’s only a question of time before the discussion resumes and that might not be a bad thing. The Fed chair told reporters on Jan. 27 that �...
United States Jerome Powell Raphael Bostic Robert Kaplan Matthew Luzzetti Philip Marey

Under Biden, China faces renewed trade pressure

Under Biden, China faces renewed trade pressure Jan. 28 05:05 am JST Feb. 10 | 12:05 am JST BEIJING The requested article has expired, and is no longer available. Any related articles, and user comments are shown below. © Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. ©2021 GPlusMedia Inc. Jan. 28 11:19 am JST Unlike his predece...
United States Hong Kong White House District Of Columbia Donald Trump Joe Biden

With vaccinations on the rise, U.S. economy remains in the waiting room

6 Min Read WASHINGTON (Reuters) - U.S. policymakers are touting the gradual rise in the number of people who have received a coronavirus vaccination as the beginning of the end of the economy’s fight with the pandemic, but real-time data suggests the awaited rebound is still at the starting line. FILE PHOTO: A vial, syringe and small toy figures are seen in front of a displayed U.S. flag in this illustration taken January 11, 2021. REUTERS/Dado Ruvic/Illustration/File Photo The worst of the e...
United States Jerome Powell Paul Simao Gregory Daco Dave Gilberston Dan Burns

Under Biden, China faces renewed trade pressure | News, Sports, Jobs

BEIJING (AP) — The U.S.-Chinese trade war isn’t going away under President Joe Biden. Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. But he looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. Negotiators might tone down Trump’s focus on narrowing China’s multibillion-dollar trade surplus with the United States and push ...
United States Hong Kong White House District Of Columbia Donald Trump Joe Biden

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