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FBC WSJ At Large With Gerry Baker July 14, 2024 - Vimarsana News

FBC WSJ At Large With Gerry Baker July 14, 2024

President trump, of course, has been pressing the fed with ever greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S...

FBC WSJ At Large With Gerry Baker July 14, 2024 - Vimarsana News

FBC WSJ At Large With Gerry Baker July 14, 2024

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round o...

BLOOMBERG Bloomberg Surveillance July 14, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 14, 2024

U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeki...

FBC WSJ At Large With Gerry Baker July 14, 2024 - Vimarsana News

FBC WSJ At Large With Gerry Baker July 14, 2024

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round o...

BBCNEWS BBC News July 14, 2024 - Vimarsana News

BBCNEWS BBC News July 14, 2024

African leaders pay their respects at the funeral of the former zimbabwean president , Robert Mugabe, who ruled over the country for four decades. A man has been arrested after a solid gold toilet worth millions of pounds is stolen from Blenheim Palace. And well be taking a look at the front pages of tomorrows papers. At the later time of 11 30pm only this evening. Former tory minister sam gyimah has become the latest mp to defect to the liberal democrats. The mp for east surrey was kicked out of the conservative party after voting against the government over no deal brexit. He had previously ...