Page 68 - Us Economy
US traders want Fed to hold rate cuts until after 2020 Presidential polls
That is the read from traders on Friday after a government report showed employers added 266,000 jobs last month
 "US traders want Fed to hold rate cuts until after 2020 Presidential polls")
Dollar advances on robust US jobs report, backs Fed's no-rate-cut stance
Friday's jobs report provided a respite from all the pessimism on the economy amid poor numbers and persistent uncertainty on US-China trade negotiations
 "Dollar advances on robust US jobs report, backs Fed's no-rate-cut stance")
US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low
The Commerce Department said the trade deficit tumbled 7.6% to $47.2 billion, the smallest since May 2018, as both imports and exports of goods declined
 "US trade deficit lowest in 1.5 years; weekly jobless claims at 7-month low")
US Fed minutes show rates on hold until economy shows 'material change'
The minutes also showed that policymakers further discussed the possibility of setting up a standing repo facility in the wake of recent ructions in short-term money markets
 "US Fed minutes show rates on hold until economy shows 'material change'")
Artificial intelligence is coming for white-collar jobs in US labour market
Business, finance, and technology will be more exposed, along with natural resource and production industries
 "Artificial intelligence is coming for white-collar jobs in US labour market")
Shares, bond yields slip globally on trade deal concerns, Hong Kong unrest
The dollar was stable after a rise in US consumer prices was greater than expected
 "Shares, bond yields slip globally on trade deal concerns, Hong Kong unrest")
Repo crisis becomes machiavellian opportunity for some investors
US money-market interest rates surged Tuesday as cash reserves in the banking system remained out of balance with the volume of securities on dealer balance sheets
 "Repo crisis becomes machiavellian opportunity for some investors")
US doing quite well in trade war, China's supply chain breaking up: Trump
The president asserted that because of his policies, China was having one of the worst economic years in decades
 "US doing quite well in trade war, China's supply chain breaking up: Trump")
Five US Governors to visit India over next 2 months to boost economic ties
The unprecedented move of five American governors visiting India in quick succession is a part of the efforts by the Trump administration and the Modi government to enhance state-to-state relationship
 "Five US Governors to visit India over next 2 months to boost economic ties")
To cut or not? Contrary views within US Fed put Jerome Powell in tight spot
President Donald Trump has demanded the Fed cut rates to bolster growth as he piles tariffs on Chinese imports to try to win a better trade deal
 "To cut or not? Contrary views within US Fed put Jerome Powell in tight spot")
US doesn't have a 'tariff problem', it has 'a Fed problem': Donald Trump
"We don't have a Tariff problem.... we have a Fed problem," Trump said on Twitter
 "US doesn't have a 'tariff problem', it has 'a Fed problem': Donald Trump")
How important was slavery to the rise of US as an economic power?
The economics of slavery were probably detrimental to the rise of US manufacturing and almost certainly toxic to the economy of the South
 "How important was slavery to the rise of US as an economic power?")
Amid Trump's attacks, US Fed says trade war, not rates, undermining economy
Trump has elevated his criticism of the central bank to a shrill level in recent weeks
 "Amid Trump's attacks, US Fed says trade war, not rates, undermining economy")
Want post-Brexit US trade deal quickly, but terms have to be right: Britain
Britain has so far failed to agree a deal with the EU to mitigate the disruption caused by its departure from the EU, increasing the chances of an unmanaged exit that would shock the global economy
 "Want post-Brexit US trade deal quickly, but terms have to be right: Britain")
US deficit to hit $960 billion in 2019, top $1 trillion in 2020: Report
The report projects that the US economy will expand more slowly, from 2.3 per cent this year to 1.8 per cent on average in the next four years
Had to 'take China on' regardless of short-term impact on US economy: Trump
Trump added that the Chinese economy was suffering due to the trade war, which placed the US in a good negotiating position
Trump looking at possible tax cuts, asset sale amid economic recession fear
Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure
 "Trump looking at possible tax cuts, asset sale amid economic recession fear")
As signs of US recession grow, should global investors be worried?
Do not let talk of yield curve inversion and impending recession spook you
 "As signs of US recession grow, should global investors be worried?")
Donald Trump says Fed should cut interest rates by 1 percentage point
Trump said in a Twitter post in which he also lamented that the US dollar is so strong that "it is sadly hurting other parts of the world"
Majority of economists expect US recession in next 2 years: Survey
Only two per cent of the 226 respondents now see a recession this year, compared to 10 per cent in February's survey, NABE said
 "Majority of economists expect US recession in next 2 years: Survey")