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Friday, February 1, 2019

Fed policy turn not good news for Trump as risks mount

The Federal Reserve's policy twist on Wednesday might seem just what the White House ordered, with a hold put on what President Donald Trump termed "loco" interest rate hikes, and an openness to ending the monthly runoff of up to $50 billion from the U.S. central bank's balance sheet.


from Reuters: Business News https://reut.rs/2G6esUT

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Hope and uncertainty as India and US strike long-delayed trade deal

Indian industry has welcomed lower tariffs, but experts caution against celebration until details are clearer. from BBC News https://ift.t...