Domestic Politics had Role in New Tariffs on China Biden plans to raise tariffs this year on various products under Section 301 of the Trade Act of 1974. The tariffs… Market Expections Rise for September Rate Cut Summary: US inflation fell to 3.4% in April, meeting economists' expectations, leading investors to anticipate Federal Reserve interest rate cuts. The CPI data… The Geopolitical Stakes of the Xi visit to Europe President Xi Jinping's recent trip to Europe reveals a shift in dynamics since his last visit five years ago. European leaders… BOE's Monetary Policy Committee Voted 7–2 to Keep Rates on Hold The Bank of England decided to keep its key interest rate unchanged at 5.25%, but hinted at potential rate… FED Keeps Rates on Hold Summary: The Federal Reserve decided to leave interest rates unchanged due to concerns about inflation and affirmed the need for more evidence before considering rate… Bank of Japan Intevenes Twice to Shore up the Yen Summary: Japanese authorities intervened in the currency market with about $59 Billion USD (equivalent to 9 Trillion Yen) to shore…
Biden Imposes Tariffs on Chinese Imports
CPI Inflation Index Below Expectations by 0.3%
Xi Jinping hopes to Drive a Wedge between Europe and US
Bank of England Holds Rates Steady
FED Holds Rates Steady amid Stubborn Inflation
BOJ Intervention of $59 Billion Boosts Japanese Yen
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