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On Thursday, September 12, 2024, in Washington, Colombia District, Washington, USA, USA.
Stephanie Reynolds | Bloomberg | Gets the image
Most independent central banks are considered by the majority (including this newsletter) as the basis of the functional economy. Officials manage the economy, calibrating the interest rate, which bank loans and mortgage loans, among other things, are based.
Corporations and consumers are usually like low interest rates because the cost of borrowing is cheaper. The first is stimulated to expand and invest, which, in turn, seeks to increase profits and costs. But this behavior can overheat the economy, causing the prices to be shot.
U.S. President Donald Trump’s repeated calls for the chairman of the federal reserve system Jerome Powell reduce interest rates that can make businesses and people happy – the price to inflation again. Trump tariff factor, what import taxes and thus a fundamental increase in prices, and inflation can get two shots in the hand.
That is why the central bankers seek to act regardless of the government. The administration that seeks to please the population can reduce rates, despite high inflation, which will lead to further economic difficulties.
These are the markets of assistance in the US and Europe on the break on the Good Friday holiday when Trump made his comments.
Trump again calls the Powell to reduce the rates
US President Donald Trump said on Friday that “if we had the chairman of the Fed who realized what he was doing, Interest rates will declinealso ‘. The White House said on Friday that officials evaluate whether they could Remove the chair -stirring. It means Not the first time Trump criticized the Powell’s approach to the US CONDERATION policy.
Grows upsetting the economic treatment of Trump
According to a CNBC 1000 Americans poll, 55% of respondents did not approve Taking into account the Trump economy, for the first time in any CNBC poll that it was pure negative for the economy during the president. Currently, more Americans believe that the economy will become worse than any time since 2023, and they are sharply more pessimistic about the stock market, according to the poll.
Summer can “give up” in the summer
The American economy may feel Increased activity level now As buyers and enterprises accumulated goods before the tariffs started, Chicago President Ostan Gulsby said on Sunday. “The activity may look artificially high in the original one, and then the summer can fall – because people bought it all.” The most affected are the automotive industry and electric components, Golsbee said.
Executive Order on State Department’s overhaul
Trump administration soon may deploy Sweeping changes to the US State DepartmentAccording to the 16-page executive order received by CNBC. When adopted, this order will close US embassies across South Africa, eliminates the bureau working on problems such as democracy and human rights, as well as international organizations such as the United Nations.
Us to impose a fee on Chinese ships
Trump administration on Thursday Announced fees on Chinese courts After the investigation of Biden-Trump administrations, China’s actions, politicians and practices were unfounded and laden or restricted by US trade. The new fees are based on the pure toning of the vessel. The tariffs will be charged once for the journey, not for the port, as suggested.
Ukraine signs with us.
Julia Sviriden, Minister of Economic Development and Trade of Ukraine, said the country and the US signed a “Memorandum of intent” on Thursday, which was the basis of the agreement for Both countries jointly develop Ukraine’s natural resources. However, on Friday, US Secretary of State Mark Rubio said America would Go from attempt to conclude a Peace Russia-Ukraine Within a few days when there is no obvious signs that the transaction can be done.
(Pro) Profit may suppress tariffs as emphasis
According to strategists, market hyporats from the Trump tariffs can be muted – but not quite fall – this week. Attention the investor will turn to Reports of income in the first quarterWith Tesla and Alphabet announce their results on Tuesday and Thursday, respectively.
A smart robotic weapon is working on a production line in the Chankqing Auto Parts Co. production workshop, Ltd., located in the Anqing Economic Development Area, Anhui Province, China, March 13, 2025 (Photo Costfoto/Nurphoto via Getty Images)
Nurphoto | Nurphoto | Gets the image
Where “made in China 2025” missed the sign
If Beijing released his’Made in China 2025.‘Plan in 2015 was met with significant International criticism To promote Chinese business through their foreign colleagues. The country then reduced the initiative but doubled within the development of internal technologies, giving us restrictions Over the past few years.
Since the issue of the plan, China has exceeded its goals to achieve domestic dominance in the car, but the country has not yet reached its goals in aerospace, high-class robot and growth rate of production value supplemented by the European Chamber In the report last weekReferring to your studies and discussions with members.
Of the ten strategic sectors found in the report, China has reached only technological domination in shipbuilding, high -speed rail and electric cars.