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US trade measures and global retaliation in focus
16 hours ago · US trade measures. The US government has imposed 25% tariffs on goods from Canada and Mexico, and 10% tariffs on products from China. Economists warn that these …
Javier Milei’s first year: $3 billion surplus and tenfold lower ...
Dec 14, 2024 · The controversial Argentine president introduced free trade in the country, and Argentina has a budget surplus after more than a century. President Milei and the government …
American exceptionalism faces political pressures
1 day ago · EMU is an unattractive mix of low growth and high volatility exposures to a myriad of intractable energy, social and geopolitical issues. This more than amply explains EMU's …
Central banks adjust policy in uncertain times
1 day ago · The recent communications from major central banks suggest a careful stance as global uncertainties persist. The Fed, ECB, and BCB have all signaled that future policy moves …
US 4Q GDP shows steady growth amid uncertainty
1 day ago · The first estimate of 4Q real GDP came in at +2.3% annualized, a figure below consensus and the FRB Atlanta estimate. Real final domestic demand was stronger at +3.1%, …
Wall Street surge powers JPMorgan to record-breaking 2024 results
Jan 16, 2025 · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. …
Dollar dominance: US economic strength pushes euro and sterling …
Jan 4, 2025 · A few days ago, the dollar reached a two-year high against the euro and an eight-month high against the sterling, following data on the US economy and the willingness of …
Global economic slowdown impacts markets and investment
Jul 25, 2024 · Background of the crisis. The deficit widened instead of narrowing, and Brazil's debt-to-GDP ratio rose again. In particular, the carefully monitored and targeted primary deficit …
Fed shifts outlook toward more hawkish stance
Dec 9, 2024 · Some of the Fed's hawks may be starting to chafe. The recent slowdown in the pace of US disinflation, a lower US unemployment rate than anticipated in September, …