European Growth Stalls as Energy Crisis Returns with a Vengeance
WHAT HAPPENED
WHAT HAPPENED
What Happened
According to CNBC, Canada is allowing 49,000 Chinese-made electric vehicles to be imported annually for retail sales at a 6.1% tariff rate. Canadian dealers are reportedly eager to start selling these
According to CNBC Economy, fed funds futures are now pricing in a rate hike as soon as December, marking a dramatic reversal from expectations of continued cuts just months ago.
WHAT HAPPENED
According to Federal Reserve press releases, the Fed Board approved an application by the Stephen M. Calk 2025 Trust on May 15th. The brief announcement provides no details about the nature of the tru
Trump-Xi Meeting Signals Shift from Trade War to Trade Management
According to CNBC Economy, top economic forecasters now project inflation will surge to 6% in the second quarter as the recent spike continues to worsen.
According to CNBC, Energy Secretary Chris Wright says China will increase purchases of U.S. oil as Iran’s blockade of the Strait of Hormuz has largely cut off Chinese access to Middle Eastern crude su
According to CNBC, mounting inflation fears triggered broad-based selling across bonds, stocks, and precious metals Thursday, with silver tumbling 7% as investors fled risk assets.
According to Federal Reserve press releases, Governor Stephen Miran has submitted his resignation from the Fed Board, effective when his successor is sworn in.
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