Saturday, 4th May 2024
To guardian.ng
Search

Tariffs take the cake in fed debate

By Bloomberg
01 September 2019   |   9:43 am
Central bankers from around the world gathered in Jackson Hole against a backdrop of recession fears and escalating trade tensions. Risk assets sold off after China announced retaliatory tariffs right as comments emerged from Fed Chairman Jay Powell Out of Wyoming. Bloomberg's Lisa Abramowicz sat down with Voya’s Matt Toms, Aberdeen’s Luke Hickmore and Jim Keegan of Seix Investments to discuss just how low treasury yields could go and whether the trade war would last longer than a boost from a fed rate cut.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

2 days ago
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
2 days ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
2 days ago
The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.
1 day ago
The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.
2 days ago
The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.
2 days ago
China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.