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Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts

From cnbc.com

Federal Reserve Governor Stephen Miran said Wednesday that the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Speaking at the CNBC “Invest in America Forum” in Washington, D.C., the central bank policymaker noted the threat from China’s decision to restrict access to rare earths materials, which prompted a threat from President Donald Trump for 100% tariffs in Chinese imports. Miran said that the dispute raises the level of uncertainty during a year when it already had been running high. “I had been operating under ... (full story)

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  • Category: Fundamental Analysis