US recession is near, survey reveals
The US economy is likely to fall into recession by 2021, according to the latest survey from the National Association for Business Economics (NABE), released Monday morning. The NABE survey, […]
US
Trump delays tariffs, waiting for next weekend meeting
President Donald Trump announced that the US would delay the increase of tariffs on Chinese goods as talks to end the trade war between the world’s two largest economies continue. […]
US trade front: the automotive sector
This weekend, the report on automotive imports is expected to be presented to Donald Trump. In all likelihood, it will list several options for increasing trade tariffs. For the US […]
US debt made the history: $22 trillion
The US national-debt load surpassed $22 trillion on Monday, according to the Treasury Department. It’s the first time that the total outstanding public debt has topped that threshold. It stood […]
Fed says it will be patient on rates
The Federal Reserve opted not to raise interest rates during its policy meeting this week and pledged that future moves will be done patiently and with an eye toward how […]
US Fed is going to hold rates
The Federal Reserve will make its first interest rate announcement of the year on Wednesday (Jan 30) but almost certainly will make it clear it will remain patient about any […]
Oil price climbs after US sanctions on Venezuela
Oil prices crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA in a step set to severely curb the OPEC member’s crude exports to the […]
US inflation: temporary respite in 2019
As a result of the recent decline in oil prices, US inflation is expected to slow significantly in the short term, with a low point in the region of 1.5% […]