Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday, confirming analysts’ expectations of a cut amid softening inflation, a strong consumer economy and an uncertain international trade outlook.
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U.S. officials are set to Travel to China Next Monday for the First High-Level, Face-to-Face Trade Negotiations Talks
Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.
Breaking News – LIVE: Boris Johnson Wins Race to Become Next PM – Gold Silver Reports
Boris Johnson, one of the biggest voices in the Brexit movement, won the Conservative Party leadership race on Tuesday and will become the U.K.’s next prime minister.
Federal Reserve officials Signaled They are Ready to Cut Interest Rates
Federal Reserve officials signaled they are ready to cut interest rates by a quarter-percentage point at their coming meeting, while indicating the potential for additional reductions because they are worried about a slowdown in global growth, an increase in trade-policy uncertainty and a pullback in inflation.
American Naval Vessel Shot Down an Iranian Drone – Gold Silver Reports
WASHINGTON: Tensions in the Gulf region mounted Thursday as US President Donald Trump said an American naval vessel shot down an Iranian drone that threatened the ship as it was entering the Strait of Hormuz.
Iran’s Missiles…. Are Absolutely and Under no Condition Negotiable with Anyone or any Country, Period,”
Gold Silver Reports (GSR) – US President Donald Trump said on Tuesday that progress has been made with Iran, despite Supreme Leader Ayatollah Ali Khamenei having warned that Tehran would continue developing its nuclear program in violation of the 2015 deal with the six world powers.
US forces have much to learn from Ukraine’s fight with Russia, says State Department official
Gold Silver Reports (GSR) – Five years after Malaysia Airlines Flight 17 was shot out of the sky, killing all 298 aboard, a State Department official tells Military Times that the ongoing battle between Ukraine and Russian-backed separatists serves as a potential harbinger for the U.S. military in any conflict with Moscow.