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China Holds Steady on Rates Despite Escalating Trade War
Central bank maintains lending rates as yuan weakens and US-China tariffs soar above 100%, while analysts predict future cuts amid economic pressures...
China maintains lending rates amid US-China trade war featuring 145% US tariffs and 125% Chinese retaliation. 87% of Reuters survey respondents expect stability despite 5.4% Q1 GDP. Nomura forecasts 50-basis-point RRR and 15-basis-point Q2 rate cuts. Yuan's 0.4% depreciation since April and September's previous cut influence policy decisions.
China's Rare Earth Grip Sparks US Mining Renaissance
American companies ramp up domestic production and processing as Chinese export controls threaten supply chain of critical minerals...
China's dominance in rare earths (270,000 tons vs US 45,000) prompted April 4 export controls. MP Materials halts China shipments due to 125% tariffs, processing half at Mountain Pass. NioCorp seeks $1.1B for Nebraska mine while US Critical Minerals plans Montana facility. Since 1990s Chinese market flooding, US seeks domestic production through Trump's permit streamlining order.
China's Rare Earth Grip Forces US Mining Revival
New export controls push American companies to rebuild domestic production capacity after decades of Chinese market dominance in critical minerals...
China dominates rare earths with 270,000 metric tons production and 90% processing capacity. April 4 export licenses and 125% tariffs force MP Materials' Mountain Pass to stop Chinese processing. NioCorp and US Critical Minerals develop Montana mines as demand grows for smartphones, TVs, fighter jets, submarines, robots, and drones. US production ended 1990s.
US Slaps New Fees on Chinese Ships in Trade Crackdown
Escalating tariffs over three years will charge up to $150 per vehicle, prompting trade route changes and potential consumer price increases...
Trump administration implements Chinese vessel fees ($50/ton cargo, $120/container, $150/vehicle) starting in 180 days, replacing $1.5m proposal. Fees increase $30 annually over three years, with 22-year LNG restrictions and bulk export exemptions. Maximum five charges yearly. Trade disruption causes European port redirections, raising US consumer prices.
Indonesia Pitches $19B Trade Deal to Dodge US Tariffs
Indonesian officials meet in Washington to propose major import package, seeking protection from Trump's 32% tariff on their exports...
Reuters reports from Jakarta: Chief Economic Minister Airlangga Hartarto leads senior Indonesian officials meeting US counterparts in Washington. Their $19 billion import proposal, including $10 billion in energy and commodities, aims to protect Indonesian exports from Trump's 32% tariff, restructuring current trade patterns.
Japan's Inflation Soars as Rice Prices Nearly Double
Core consumer prices jump 3.2% in March, led by 92.5% surge in rice costs, while Bank of Japan maintains low interest rates...
Japan's core CPI rose 3.2% in March, with goods prices up 5.6% and services 1.4%. Rice prices surged 92.5%. BOJ Governor Ueda maintains 0.5% rates despite exceeding 2% target. Finance Minister Kato warns of U.S. tariff impacts (25% on metals, 10% overall) despite 90-day postponement. Inflation persists amid economic uncertainty.
Trump Order Slashes Fishing Regulations, Opens Protected Waters
Executive action targets $20 billion seafood trade deficit by expanding commercial access to Pacific monuments and reducing federal oversight...
Under 1976 law, NOAA's National Marine Fisheries Service manages 45 fisheries with federal scientists and fishermen, setting quotas across 4 million square miles. Trump's order reduces regulations on $320 billion industry, opens Pacific Remote Islands Monument's 400,000 acres, addresses 90% imports, $20 billion deficit, boosting domestic production.
Canada Caught Between US-China Trade War Crossfire
With 78% of exports US-bound, Canada faces tough choices on Chinese trade relations while navigating American protectionist policies...
Carlo Dade examines U.S.-China trade tensions impacting global commerce. Canada's 78% export dependency on U.S. influences its alignment with American policies, including 100% Chinese EV tariffs without WTO compliance. The 2018 North American trade agreement restricted Canadian-Chinese negotiations while America secured its own deal. Critical import reliability and economic sovereignty costs require careful consideration.
Global Trade-Based Money Laundering Hits $1 Trillion Annual Mark
OECD warns of supply chain vulnerabilities as illicit financial flows exploit trade systems, threatening Canada's trade-dependent economy...
Trade-based money laundering ($1T annually) exploits open-account trade, hawala systems, and correspondent banking. OECD warns of supply chain integrity risks. FINTRAC needs expanded authority. CPTPP, CETA, and 2023 Forced Labour Act combat financial crime. Trade comprises 66% of Canada's GDP, supporting one-sixth of jobs. Inadequate oversight threatens international trade diversification.
Temu, Shein Face Price Hikes as US Tariffs Hit
Chinese e-commerce giants brace for 145% tariff impact and loss of duty-free exemption, while Amazon launches competing budget marketplace...
PDD Holdings' Temu and Singapore-based Shein must raise prices April 25 following Trump's 145% China tariff and elimination of $800 duty-free exemption May 2. The platforms, processing 4M daily parcels, face scrutiny over counterfeits and cut social media advertising. Amazon launched $20 storefront competing with their digital-focused, influencer-driven business model.
Chinese Tariffs Trigger Supply Chain Crisis for US Importers
Freight data reveals 60% booking decline as companies scramble to adapt, with analysts warning of widespread disruption and potential bankruptcies...
FreightWaves analysis shows severe disruption from 145% Chinese tariffs implemented by Trump administration. OTVI declining and OTRI near February levels, while bookings plummet 60%. Summer surge unlikely as companies adopt slower transit times and mobile warehousing. Single-source Chinese supply chains face bankruptcy. China's superior economic resilience versus US noted.
Trump Clashes with Fed Over Rate Cuts Amid Tariff Impact
As inflation cools to 2.8%, former president pushes for aggressive monetary easing while Powell maintains measured approach to protect economic stability...
Trump demands Fed rate cuts to counter tariff-induced slowdown, while Powell maintains caution. Fed cut rates from 5.5% to 4.25-4.5% in September 2024. PCE inflation fell from 9% peak to 2.8% February 2025. Wall Street expects 2-3 more 2025 cuts amid GDP concerns. Unprecedented tariff policies create market uncertainty, forcing balance between employment preservation and inflation control.
TikTok Exposes '$5 Dupes' from Alleged Luxury Brand Factories
Chinese manufacturers claim identical production lines for major brands, sparking authenticity debates as Western consumers seek affordable alternatives amid rising tariffs...
@lunasourcingchina and TikTok creators showcase Yiwu factories claiming same-line production for Lululemon, Nike, and Dior. They offer $5-6 alternatives to $100 items, citing identical materials and craftsmanship. Despite brand denials, Trump's 145% tariffs and economic pressures drive North Americans to AliExpress and Taobao, though experts warn about authenticity.
Mexico Overtakes China as Top US Trading Partner
February trade hits $68.4B, with JFK and O'Hare airports leading gateway volumes while Laredo handles billions in auto and tech shipments...
Mexico-US February trade reached $68.4B, with JFK Airport ($44.8B) and O'Hare ($30B) leading gateways. Laredo ranked third ($27.8B), handling auto parts ($2B), computers ($1.37B), vehicles ($1.22B), cell phones ($696M). US imports included gasoline ($338M), aircraft parts ($262M). Canada ($63.2B) and China ($42.1B) followed. Laredo's trucking demand at 0.63%.
Powell Defies Trump's Attacks as Fed Charts Independent Course
Federal Reserve Chair maintains cautious stance on rate cuts amid political pressure and diverging policy from European Central Bank...
Fed Chair Powell, Trump's 2017 nominee, maintains a cautious wait-and-see approach while ECB's Lagarde enacted a seventh rate cut. Trump escalated his feud through social media, demanding Powell's termination and accusing him of playing politics. The Fed's independence faces pressure as it balances inflation and slowdown from tariffs, impacting Treasury yields and markets.
Global Default Rates Set to Surge, Moody's Warns
Speculative-grade defaults projected to hit 3.1% by year-end, with trade tensions and financing challenges threatening key sectors...
Moody's analyst Sharon Ou forecasts speculative-grade defaults reaching 3.1% year-end, up from 2.5%, potentially hitting 6%. Trade wars threaten 1% US growth cut, increasing risk aversion and financing difficulty. Q1 saw 27 defaults versus 38 last year, concentrated in healthcare, business services, retail, hotels, leisure, and telecommunications. Risk premiums widening globally.
Chinese Shopping Apps Surge as TikTok Exposes Factory Prices
DHgate and Taobao see massive U.S. download growth, outpacing Amazon and Walmart as consumers chase direct-from-manufacturer deals...
Trump's tariffs and viral TikTok videos exposing Chinese luxury goods manufacturing drove U.S. consumers to DHgate (No. 2) and Taobao (No. 5) apps. Taobao's unprecedented chart appearance since 2017 followed 514% growth to 185,000 downloads, surpassing Walmart, Amazon, Shein, and Temu. Alibaba.com reached No. 6 as consumers seek direct manufacturer access despite quality concerns.
Trump-Era Policies Could Spark Economic Stagflation, Analysts Warn
Morgan Stanley economist highlights immigration cuts and tariffs as key concerns, despite strong employment figures and stable labor market..
Morgan Stanley's Gapen analyzes Trump's policies: tariffs, immigration cuts, deregulation, tax reforms impact economy. March: 228,000 jobs, 4.2% unemployment. Border crossings drop to 7,181. Fed Chair Powell confirms stable labor market. Stagflation risk rises. Required: 100,000-150,000 monthly jobs. Recommended: Treasury investments, portfolio diversification amid uncertainty.
US Restaurant Boom Defies Travel Slump and Economic Fears
Domestic dining surges 20% despite travel decline, as consumers maintain discretionary spending while cutting essential expenses, RBC data shows...
Restaurant bookings surged 20% as US travel plunged 28% and US visitors fell 7.5%. RBC economists Battaglia and Xu report domestic hospitality gains from reduced travel. Conference Board hit March record lows amid trade war job fears. RBC credit data shows essential spending cuts while discretionary spending stays at fall 2023 levels.
Wall Street Braces for Busy Week of Tech Earnings, Economic Data
Tesla, Amazon lead major earnings reports as markets digest mixed housing data and await key manufacturing indicators...
Week features U.S. PMIs, housing data, jobless claims (222,000), Michigan Consumer Sentiment. Canadian retail (-0.4%), industrial prices (+0.5%), housing (-0.2%) reported. Amazon, IBM, AT&T, Tesla, Danaher, GE lead earnings. G20 Ministers meet. Japan, Eurozone PMIs due. U.S. housing mixed: new +0.9%, existing -2.8%. Manufacturing, durables data expected.
Apple CEO Confronts White House Over iPhone Tariff Threat
Tim Cook and Commerce Secretary discuss potential impact of Trump's proposed tariffs on consumer electronics in private call..
According to two people familiar with the conversation, Apple CEO Tim Cook and Commerce Secretary Howard Lutnick discussed President Trump's iPhone tariffs in a phone call last week. The Washington Post reported on Thursday about this high-level discussion regarding potential price impacts of trade measures on consumer electronics.
Americans Hit Pause on Big Purchases as Recession Fears Grow
Redfin survey shows 30% delaying major purchases, with Democrats more cautious than Republicans amid economic uncertainty...
Redfin reports 30% of Americans delay major purchases while 25% cancel plans. Democrats (40% delaying, 35% cancelling) show more hesitation than Republicans (20% delaying, 15% cancelling). Chen Zhao cites 50%+ recession odds, noting consumer belt-tightening amid job concerns. Tariffs affect construction costs, but potential price drops and lower mortgage rates offer hope.
Trump Slams Fed Chair as Markets Wobble on Tariff Fears
Powell's warning about inflation and growth impacts from tariffs draws presidential ire, while global markets show mixed reaction to uncertainty...
Trump demanded Powell's termination, calling Fed Chair's report a 'complete mess.' Markets mixed: Dow -1.26%, S&P +0.3%, Nasdaq -0.17%. Powell warned tariffs could boost inflation, slow growth, creating dual-mandate tension. IMF's Georgieva predicted growth markdowns amid high volatility. UBS's Marcelli noted market uncertainty persists until tariff clarity emerges.
Shein, Temu Face Price Hikes as US Closes Tax Loophole
Chinese e-commerce giants must adjust to 145% tariffs and elimination of $800 duty-free threshold, impacting billion-package annual trade flow...
Chinese e-commerce platforms Shein and Temu, known for $5 blouses and household electronics, must raise prices April 25 following Trump's 145% tariffs and May 2 elimination of $800 duty-free loophole. The change addresses illicit substance concerns in Chinese shipments, which grew from 153M parcels (2015) to 1B (2023), averaging $54 each.
MP Materials Halts China Exports Amid Soaring Rare Earth Tariffs
U.S. rare earth producer's shares drop 6.3% as company pivots to $1B domestic processing investment amid escalating trade tensions...
MP Materials halted Chinese rare earth concentrate exports facing 125% tariffs, triggering 6.3% share decline. Their $1 billion U.S. investment spans California and Texas facilities for processing and magnet production. Protecting critical materials and national interests, they're stockpiling while manufacturers seek alternatives amid U.S.-China tensions.
IMF Slashes Growth Outlook as Trump Tariffs Rattle Markets
Global growth to stagnate at 3.3% through 2026 as US-China trade tensions and supply chain disruptions weigh on economic recovery...
IMF's Georgieva warns Trump's tariffs weaken global economy, projecting 3.3% growth through 2026. Post-WWII trade progress stalled as US-China engage in tit-for-tat tariffs. Inflation forecast drops from 5.7% to 3.5%. Wall Street experiences volatility amid supply chain disruptions. Gourinchas notes policy impacts while markets react to trade uncertainty.
Luxury Titan Arnault Pushes for EU-US Trade Deal
LVMH chief calls for free trade zone after Trump rejects tariff proposal, while criticizing EU red tape and praising US business climate...
Bernard Arnault, 76-year-old LVMH CEO, urged EU-US free trade zone after Trump rejected EU's zero-for-zero tariff proposal. The underperforming Alvarado Louis Vuitton workshop, toured by Trump, represents part of 25% US sales. Arnault criticized EU bureaucracy and French 'Made in France' tax, praised US lower taxes and investment model.
Trump Targets Fed Chair Powell Over Interest Rate Policy
Former president threatens to remove Powell despite lacking authority, as Fed chief defends central bank independence amid economic pressures...
Trump threatens Powell's Fed chairmanship through 2026 over interest rates, despite lacking removal authority. Powell, reappointed by Biden, defends independence amid Supreme Court case. Tariffs risk stagflation, with Goldman Sachs warning of recession. Yale estimates $4,900 household impact. Fed maintains 2% inflation target despite economic pressures.
IMF Chief: US Tariffs Threaten Global Economic Growth
Georgieva warns trade barriers could disrupt supply chains and accelerate inflation as IMF projects slower growth through 2026...
IMF chief Georgieva warns US tariffs will weaken global economy and spike inflation. Trump's China trade war, marked by tit-for-tat retaliation, creates market volatility. Gourinchas projects 3.3% growth (2024-2026), inflation dropping 5.7% to 3.5%. Trade barriers reverse post-WWII progress, disrupt supply chains, raise domestic production costs, while multilateral fairness concerns persist.
ECB Cuts Rates Again as Global Trade Tensions Mount
European Central Bank delivers seventh rate reduction to 2.25% amid U.S. tariff pressures and weakening euro, with more cuts expected...
ECB unanimously cut rates 25bps to 2.25%, their seventh reduction, responding to U.S. and Trump's April 2 tariffs. Lagarde led the decision as euro weakened and bond yields fell. Barclays's Rohan Khanna notes ECB's willingness to act as markets predict 70% chance of June cut and 65bps cuts by year-end. Removal of 'restrictive' language signals continued support.
Pimco Chiefs: US Trade Barriers Echo Brexit's Economic Perils
Investment giants warn protectionist policies could trigger stagflation, as $2tn fund managers adjust strategy amid global market uncertainties...
Pimco's $2tn managers Seidner and Dhawan warn US protectionism mirrors Brexit, causing stagflation and market instability. Despite tariff implementation delays, limited fiscal support and geopolitical strain restrict crisis intervention. Strategy: underweight dollar (negative NIIP); overweight global duration; favor yield curve steepening; underweight credit, expecting IG outperformance over HY.
Trump Targets Fed Chair Powell as Economic Tensions Rise
Former president's calls for termination and 145% China tariffs rattle markets, while Supreme Court case challenges Federal Reserve independence...
Trump demands Powell's termination despite Biden's reappointment through 2026, criticizing static rates while ECB cuts to 2.25%. Supreme Court case threatens Fed independence as Powell defends autonomy at Chicago Economic Club. Trump's 145% China tariffs spark market backlash, recession warnings from Goldman Sachs, and Yale-projected $4,900 household impact amid stagflation risks.
LVMH Chief Urges EU-US Trade Deal as Spirit Sales Plunge
Luxury giant faces 9% sales drop amid tariff pressures, considers US production shift for iconic French brands like Moët and Hennessy...
LVMH CEO Arnault demands EU-US trade deal as spirits sales drop 9% and luxury demand declines. French wine culture faces dramatic consequences from 10% tariffs and threatened 200% increases. EU bureaucracy favors German carmakers (25% car tariffs) over winegrowers. LVMH brands (Moët, Veuve Clicquot, Hennessy) consider price hikes or US production shift.
Blackstone CEO Warns Trump Tariffs Could Reshape Real Estate
Steve Schwarzman cautions trade pause may drive up property values while creating uncertainty for private companies and economic growth...
Following first-quarter earnings, Blackstone CEO and GOP donor Steve Schwarzman addressed Trump's 90-day pause on reciprocal tariffs. The 2024 campaign supporter warned of material impact on real estate and private companies, noting reduced supply and higher costs could benefit property values absent recession. The Wall Street CEO emphasized resolving trade uncertainty for economic growth.
Boeing's China Orders Stall Amid Trade and Safety Hurdles
Aircraft giant faces delivery challenges for 130 planes as Chinese tariffs persist, while MAX safety concerns and pandemic aftermath complicate market recovery...
Boeing confronts Chinese tariff challenges affecting 130 unfilled orders, including 96 MAX aircraft. Historical 25% China deliveries declined from trade tensions, MAX safety crisis, and COVID-19. Four MAX planes await at Zhoushan's completion center. Howmet Aerospace's force majeure highlights concerns. Chinese airlines lease 55% of fleet, projecting doubling by 2043.
Ford Braces for Price Hikes as Import Tariffs Loom
Automaker warns of cost increases for May production, while current inventory prices hold steady. Dealer rush reported ahead of April 3 tariff implementation...
Ford warns 25% import tariffs from April 3 impact pricing. Andrew Frick confirms current inventory MSRP unchanged, but May production faces increases. Employee pricing offered through June 2. Trump considers easing parts tariffs from Canada/Mexico. American car buyers rushed purchases as domestic production adapts, facing supply reduction and thousands in cost increases.
ABB Pours $500M Into US Manufacturing Expansion
Swiss engineering giant boosts local production with major investments in Tennessee and Mississippi, pursuing 90% domestic manufacturing target...
Swiss engineering group ABB, led by CEO Wierod, manufactures electrification equipment, industrial machinery, and robots, investing $500 million in U.S. operations, including $120 million for Tennessee and Mississippi facilities. COVID-19 reinforces their strategy targeting 90% local production globally, currently at 75-80% U.S., 85% India/China, and 95% Europe.
Car Dealers Rush to Sell Before 25% Import Tariff Hit
Dealerships offer to absorb costs on pre-tariff inventory, but warn of significant price hikes up to $20,000 once stock depletes...
Panic buying surges before April 3's 25% auto import tariffs. Mercedes-Benz of Calabasas advertises tariff-free vehicles, with Mercedes covering 2025 model costs. Tom Maoli, operating Ford, BMW, and Lexus showrooms through Celebrity Motor Car Company, warns this temporary strategy ends when pre-tariff inventory depletes, forcing $3,000-$20,000 price increases onto consumers.
L'Oreal Posts 3.5% Sales Growth Despite Global Headwinds
Beauty giant reports €11.7bn Q1 revenue, navigating US challenges and Chinese market recovery while maintaining strong brand performance...
L'Oreal reported 3.5% Q1 2024 sales growth to 11.7 billion euros, including 100M euro IT benefit. CEO Hieronimus manages US challenges and Trump tariffs through healthy margins while seeing improved Chinese performance. Brands Maybelline, Kiehl's, Valentino, and CeraVe face inflation impacts but maintain growth. Company expects to outperform expanding global beauty market.
ECB Slashes Rates Again as Trade War Pressures Mount
Lagarde leads seventh rate cut to 2.25% amid manufacturing slowdown and deflation risks across 20-nation eurozone...
ECB cut rates to 2.25% under Lagarde, marking seventh reduction amid Trump-initiated trade war affecting 20 eurozone nations. KPMG's Selfin warns of deflation from manufacturing gluts. Lagarde backed Fed Chair Powell, stressing central bank independence as eurozone requirement. Trade tensions disrupt business investment, consumer confidence, despite regional economic resilience.
US Manufacturing Slumps as Price Pressures Hit 2-Year High
Philadelphia Fed index crashes to -26 while inflation concerns mount, fueled by potential tariff hikes and uncertain economic outlook...
April 2024 manufacturing surveys: Philadelphia Fed index plunges to -26, NY Fed improves to -8.1. Prices paid index hits 51, highest since July 2022. Trump's Liberation Day raises tariffs to century-high. Powell warns of inflation rise and growth slowdown. Business uncertainty affects C-suite planning. Future index near 20-year low, matching 2020/2008 declines.
Fed Wrestles With Stagflation Fears as Tariffs Cloud Economy
Economists warn of 1970s-style crisis as trade tensions threaten to drive prices higher while dampening growth, challenging monetary policy decisions...
Federal Reserve faces stagflation threat as tariffs risk slowing U.S. growth while raising consumer prices. Piegza warns this exceeds recession risks, while Posen likens potential China import reduction to 1970s and COVID-19 crises. Interest rate adjustments present a critical dilemma: fighting inflation versus protecting jobs in stagnant conditions.
IMF Chief Signals Global Growth Slowdown Amid Trade Tensions
Georgieva warns of downward revisions below 3.3% as US recession risk hits 45%, calls for reforms and multi-polar cooperation...
IMF chief Georgieva warns at Davos of downward growth revisions from 3.3% amid US-China-EU trade tensions. US recession risk reaches 45%, with Treasury yields signaling market stress. She advocates financial reforms, emerging market flexibility, aid flow protection, and multi-polar cooperation, noting smaller economies face productivity erosion from trade disputes.
Turkey Hikes Interest Rate to 46% in Inflation Battle
Central bank continues orthodox policy shift under Erdogan's new economic team, setting overnight rates between 44.5% and 49% to combat persistent inflation...
Turkey's central bank raised rates to 46%, setting overnight rates at 49% and 44.5%. The move, praised by analyst Iris Cibre, follows a shift from 50% rate and three-month easing. Erdogan's new economic team reversed his unconventional low-rate policies amid inflation, COVID-19 impacts, Istanbul mayor's arrest, and global tariffs. 2% credit growth limit remains concerning.
Wall Street Veteran Warns of Market 'Minsky Moment'
Galaxy Digital CEO Mike Novogratz signals concerns over U.S. dollar weakness and rising treasury yields amid mounting national debt pressures...
Mike Novogratz, Galaxy Digital CEO, warned on CNBC about a Minsky Moment, citing 10% equity declines and U.S. dollar weakness. Bitcoin and gold reflect financial stewardship, while Trump's policies strain markets. A 25-50 basis point treasury yield increase significantly impacts the $35 trillion national debt, exceeding major program savings.
Temu, Shein Hike Prices as Trump's China Tariffs Loom
Popular e-commerce platforms brace for May 2 trade policy changes, scaling back marketing as new duties threaten $800 duty-free shopping advantage...
Temu (PDD Holdings) and Singapore-based Shein announce April 25 price increases following Trump's 145% China tariff and $800 duty-free exemption ending May 2. The platforms, processing 4 million daily parcels, face counterfeit concerns. Shein sells clothes/cosmetics while Temu offers household items. Both reduce digital advertising across social media and Google Shopping, previously targeting youth through influencers.
Powell Warns of Economic Risks as Retail Giants Stumble
Major brands face stock losses and supply chain shifts amid inflation concerns, while Fed holds rates steady despite market uncertainty...
Fed Chair Powell warned of sharp sentiment decline, elevated uncertainty, and heightened risks at Chicago's Economic Club. March's 2.4% inflation preceded tariffs. VF Corporation (North Face, Timberland, Vans) saw 30% stock drop April 1-14. Williams-Sonoma CEO Alber reduced Chinese sourcing amid 9% dip. Fed maintains rates as public spending concerns rise.
IMF Chief: Trump Tariffs Threaten Global Economic Stability
Georgieva warns proposed trade barriers would fuel inflation and slow growth, as 191 nations grapple with supply chain disruptions and mounting debt...
IMF Director Georgieva warns Trump tariffs will cause higher inflation and slower growth globally. Trade, likened to water, diverts around barriers, affecting supply chains and prices. Representatives from 191 countries seek trade settlement amid high debt burdens. Central bank independence, market stress, dollar depreciation, and bond yields require monitoring. Level playing field needed.
ECB Cuts Rates Again as Eurozone Growth Concerns Mount
Central bank reduces rate to 2.25% amid economic pressures from U.S. tariffs and stronger euro, while targeting 2% inflation target...
ECB executed its seventh rate cut to 2.25%, within 1.75-2.25% neutral range, targeting 2% inflation across 20 eurozone nations. Amid U.S. tariffs, stronger euro, and falling energy costs, Lagarde addresses 0.5 percentage point growth impact. Meeting-by-meeting approach continues as concerns mount over Chinese goods dumping, market confidence, and economic stability.
Global Central Banks Navigate Trump Tariffs' Economic Ripples
Federal Reserve and international counterparts adjust rates amid trade tensions, with ECB, SNB, and RBNZ leading monetary policy shifts...
Trump's tariffs reshape global monetary policy amid economic uncertainty. Fed balances growth-inflation while ECB cuts to 2.25%. SNB eyes zero rates amid franc surge, BOJ maintains 0.5%, BOC holds 2.75%, RBNZ cuts to 3.5%. Australia plans cuts due to China exposure, Norway steady at 4.50%, Sweden 2.25%. BOE targets quarterly cuts through 2025.