Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Williams Says Lack of Inflationary Pressure Means No Need to Raise Rates Faster – Gold Silver Reports
The Trump administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods, escalating a confrontation between the world’s two biggest economies and likely squeezing US companies that import everything from handbags to bicycle tires.
Gold Silver Reports (GSR) — Kweku Adoboli, the former trader who was found guilty of causing a $2.3bn (£1.8bn) financial loss, has been detained by the Home Office as preparations for his deportation to Ghana begin.
Adoboli, 38, was jailed in 2012 for the fraud, which was the biggest in UK history. He was freed after serving half of his seven-year sentence.
Trump is said to back $200 Bln China Tariffs Early as Next Week – Neal Bhai Reports
U.S. Federal Reserve are grappling with an important issue: how to deal with the possibility that the economy doesn’t act the way they expect it to. Judging from their analyses, different risks will require different responses — and at least one concern isn’t getting enough attention.
Gold Silver Reports (GSR) — The UST yield curve continues to flatten (as it does elsewhere). All sorts of mainstream articles have been published lately about it. Many of them often refer to academic pieces ostensibly trying assuage all fears about the yield curve’s threatening inversion. Fret not the distortion, they say.
Gold Silver Reports (GSR) – Jackson Hole came and went with little reason to believe the Federal Reserve will do anything other than raise interest rates in September and again in December of this year.