NY Fed’s Williams: FOMC Has ‘Balancing Act’ Between Inflation, Employment
– Monetary Policy Still Restrictive; To Make Meeting-by-Meeting Judgment on Risks – Employment Risks Up; Inflation Pressure Lessening; Tariffs Not As Bad As Feared – Other Fed Officials More Hesitant To Cut Funds Rate Furthermore By Steven K. Beckner (MaceNews) – After cutting interest rates mid-month to guard against “undue” weakness in the labor market […]
Japan Keeps Economic Recovery Outlook as US Trade Deal, Easing Inflation Lift Mood but Export Volumes, Manufacturer Profits Sink on US Auto Tariffs
By Max Sato (MaceNews) – Japan is keeping its modest economic recovery scenario as a trade deal with Washington and easing inflation have perked up confidence but U.S. import duties, still much higher than pre-Trump norms, have triggered export volumes to slump in August and manufacturer profits to dip in the April-June quarter. In […]