The escalating trade dispute between the U.S. and China is potentially creating "the most dangerous financial moment" since the global crash at the end of the last decade, former Treasury Secretary Larry Summers says.
St. Louis Federal Reserve Bank President James Bullard wants to take more time to evaluate how a recent shift to ease monetary policy supports the economy.
Navarro on Monday called on the U.S. Federal Reserve to cut interest rates by another three-quarters of a point to full point by end of year to bring U.S. rates into line to with rates elsewhere.
U.S. Defense Secretary Mark Esper said on Saturday he was in favour of placing ground-launched, intermediate-range missiles in the region soon, possibly within months.
Negative yield debt madness accelerates. A new record high breached $15 trillion on Monday.
"all of the currencies of the world are just floating abstractions issued by bankrupt governments for political purposes"
Gold-based exchange-traded funds have soared along with the price of the precious metal itself as U.S. stocks tumble on escalating trade worries.
Russia and China continue to back Maduro, who has called Guaido a puppet of the United States and retains control of most institutions.
Trump’s action, the toughest yet against Maduro, not only bans U.S. companies from dealings with the Venezuela government but also appears to open the door to possible sanctions against foreign firms or individuals that assist it.
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China allowing the yuan to slide below 7 to the dollar is a watershed moment for currency markets that's symbolically equivalent to the U.S. and other countries abandoning the gold standard in the interwar period, or the collapse of the postwar Bretton Woods system of fixed
China: The price to be paid by the US will far exceed its imagination as it provokes a massive trade war, Chinese experts warned on Tuesday.
Beijing will not respond to the name-and-shame approach by the Trump administration and will hit back if the U.S. imposes more tariffs or sanctions, says Stephen Roach, a senior fellow at Yale University.
Brace yourself for renewed talk of helicopter money, the implementation of Modern Monetary Theory, and the prospect of the benchmark U.S. Treasury offering less than zero.
The United States is no longer informally looking to weaken the dollar. The weak dollar policy just got real...
You’re going to buy gold, you’re going to buy bitcoin, you’re going to do whatever you can to get your money out of your regime that’s falling.”
Millions more people are getting into debt and unable to repay their loans.
Six months into the year, more than 7,000 stores already are slated to close, which is more than all of 2018 closings.
Buckle up because the next sell-off could be even more violent, according to Nomura.
The Federal Reserve's modest rate cut last week disappointed President Donald Trump. He wanted more and he was quick to criticize Powell and Company. The very next day, the president trumped the Fed by slapping down the tariff card.Peter Schiff talked about the president's move in a recent podcast.
Treasury Secretary Mnuchin will now engage with the IMF "to eliminate the unfair competitive advantage created by China's latest actions."