Donald Trump Urges Fed to Cut Interest Rates
President of the United States Donald Trump on Friday, April 4, called on Federal Reserve Chairman Jerome Powell to cut interest rates.
Finance & Economics - page 4
US Unemployment Rate Increases
Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.
Ana Botin Says Tariffs to Hit US More Than Europe in Short Term
Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.
China Imposes Reciprocal Tariffs on Imports of US Goods
China on Friday, April 4, announced retaliatory tariffs on goods imported from the United States, after the US imposed further measures to tighten its trade policy.
U.S. SMBs Share Gloomy Outlook: Report
The post-pandemic recovery has lost momentum for many small business (SMBs) owners, according to the Federal Reserve’s latest small business credit survey, raising concerns for the broader U.S. economy.
Markets React to New Tariffs
Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.
Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports
Vietnam has decided to slash import levies on a range of products, including liquefied natural gas and automobiles, as part of the implementation of measures related to the desire to minimize the negative effects of the tightening tariff policy of the United States.
Christine Lagarde Says About AI Risk
The President of the European Central Bank, Christine Lagarde, said that artificial intelligence could undermine the social model of the region if countries do not nurture the skills necessary to harness such technologies.
Euro-Area Inflation Cools
In the eurozone, inflation continues to move along a downward trajectory, gradually approaching the European Central Bank’s target of 2%.
China, Japan, South Korea to Jointly Counter US Tariffs
Last Sunday, March 30, China, Japan, and South Korea held their first economic dialogue in five years, reflecting the desire of these Asian countries to facilitate regional trade in preparation for countering the negative impact of tariffs from President of the United States Donald Trump.
German Inflation Falls
In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.
China’s Factory Activity Accelerates
In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.
Goldman Sachs Says Donald Trump Tariffs to Increase Inflation
Goldman Sachs warns that aggressive actions by the White House in the context of trade policy in the external, international dimension will provoke an increase in inflation, cause a growth in unemployment, and practically stop the economic rise in the United States.
UK Capital Markets Are Evolving But Businesses Need to Boost Competitiveness: Report
In line with global trends, the structure of the UK capital markets is changing, while around 17,000 local companies strive to access the capital they lack to scale up operations.
US Consumer Sentiment Worsens
In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.
China Reportedly Warns US on Reciprocal-Tariff Reprisal
The media published information according to which China warned the United States of its intention to impose retaliatory trade measures against the US if Washington announces new reciprocal tariffs on goods imported from this Asian country next week.
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