The latest Fed Beige Book painted a picture of a stagnating US economy, with activity described as “little changed” across most of the country. Of the 12 Districts, only five reported slight growth, while three saw flat conditions and the remaining four noted modest declines. However, the most striking theme running through the report was […]
The post Fed’s Beige Book: Stagnant growth, tariff-driven inflation appeared first on Action Forex.
Lock it in, no need to wait for the CPI: RBA Monetary Policy Board expected to cut by 25bps at its 20 May meeting. For the past several quarters, the near-term outlook for RBA policy Read more…
It was another day of trade tariffs “drama” within the US White House administration. Yesterday, 23 April, the Wall Street Journal reported that the White House is considering cutting the steep tariffs on Chinese imports Read more…
Nada Choueiri, deputy director of IMF’s Asia Pacific Department, told Reuters that BoJ is likely to delay further interest rate hikes as heightened uncertainty from US tariff policy weighs on business sentiment and economic outlook. Read more…