Monday, April 22, 2019

RBA Shifts to Neutral Stance on Interest Rates

On Wednesday, Australia’s central bank, RBA, hinted at possible rate cuts. This came in the midst of mounting economic risks and was a notable...

US Charges China’s Huawei of Stealing Trade Secrets

The US Department of Justice has charged Huawei with theft of trade secrets, wire fraud, and obstruction of justice. A 10-count indictment accuses Huawei stole...

Trump Delays State of the Union Address

US President Donald Trump said in a late night Tweet on Wednesday that he would delay the State of the Union Address until the...

BOJ Slashes Inflation View, Retains Monetary Stimulus

The Bank of Japan (BOJ) has slashed its inflation forecasts on Wednesday and warned of rising risks to the economy from faltering global demand,...

IMF Downgrades Global Growth Forecasts

The International Monetary Fund slashed its global growth forecasts on and a survey showed increasing negativity among business chiefs as trade tensions and uncertainty...

China Economy Expected to Slow Down over Weak Domestic Demand

China is set to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and...

Trump Calls for More Support for his Wall on Televised Speech

President Donald Trump called on Congress late on Tuesday to hand him $5.7 billion this year to help build a wall on the US border with Mexico but stopped short of declaring a national emergency to pay for the wall using military funds.

Fed to Raise Rates only Once in 2019, Says Fed President...

The Federal Reserve may only need to raise interest rates once in 2019, Atlanta Fed President Raphael Bostic said, focusing on business executives’ nervousness about the economy and a global slowdown as factors that may hold the US central bank back. Read more here!

Trump Offers Steel Border Wall Option

US President Donald Trump pledged on Sunday not to bend in his demand for a wall along the southern border with Mexico but stated...

Congress, Trump Set to Meet over Shutdown and Wall

S President Donald Trump and congressional leaders were set on Friday to meet and discuss ways to break an impasse pitting his demand for building a border wall against Democrats’ call for alternative security measures. Read more here!

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