Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.
Traders betting Fed will cut rates at least 4 times this year to bail out economy
Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.
U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2%
Nonfarm payrolls were expected to grow by 140,000 in March while the unemployment rate held steady at 4.1%.
China to impose 34% retaliatory tariff on all goods imported from the U.S.
Beijing’s measures come in the wake of duties imposed by U.S. President Donald Trump’s administration earlier this week.
China to impose 34% retaliatory tariff on all goods imported from the U.S.
Beijing’s measures come in the wake of duties imposed by U.S. President Donald Trump’s administration earlier this week.
El-Erian says U.S. recession risks are now ‘uncomfortably high’
“If the U.S. slows down, the rest of the world will slow down more,” the veteran economist warned.
El-Erian says U.S. recession risks are now ‘uncomfortably high’
“If the U.S. slows down, the rest of the world will slow down more,” the veteran economist warned.
El-Erian says U.S. recession risks are now ‘uncomfortably high’
“If the U.S. slows down, the rest of the world will slow down more,” the veteran economist warned.
China’s cities may see ‘flying taxis’ as soon as three years, aviation company Ehang predicts
Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.
China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.