Summary Recent trade announcements have been billed as an escalation in the trade war. By our reckoning, the upshot is actually an effective tariff rate of 18%. That is the midpoint between the 16% rate in place prior to yesterday’s announcement and the roughly 20% rate that would have been in effect today in the absence […]
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal There are so many things to Read more…
Recession is not our base case, but we believe the risk distribution has shifted decisively to the downside, as oil briefly broke above $110/barrel and remains volatile. The U.S. economy does not enter the current Read more…
RBA Deputy Governor Andrew Hauser signaled that policymakers face a difficult decision at next week’s board meeting, warning that the recent surge in oil prices is adding new uncertainty to the inflation outlook. Speaking in Read more…