Items Tagged with 'tariff'

ARTICLES

  • Fed changes tune on raising interest rates this year

    Minutes reveal more dovish approach
    The Federal Reserve has been forecasting an average two to four interest rate hikes in 2018, however the minutes from its latest meeting reveal a more dovish approach. As the Fed raises concerns over recent trade tariffs, the chances of there being four rate hikes in 2018 falls.
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  • Gary Cohn resigning as top White House economic advisor

    Resignation comes after rumored fight over tariffs
    Gary Cohn is resigning from his position as White House National Economic Council director, the New York Times reported Tuesday. It appears that President Donald Trump’s recent announcement that the U.S. plans to impose a 25% tariff on steel imports and a 10% tariff on aluminum was Cohn’s bridge too far.
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