White House economic advisor Kudlow: Looking for Trump-Xi meeting venue

Market news

1 November 2019

White House economic advisor Kudlow: Looking for Trump-Xi meeting venue

Official statements from China sound more optimisitc, positive than in past, a 'leading indicator' for a deal
Tariff hikes still on the table until Phase One completed
Issues to go on enforcement, forced tech transfer may be put into Phase Two
Financial services and FX chapters of trade deal are virtually wrapped up, along with agriculture
U.S. monetary policy moving in the right direction
There have been no conversations to get rid of Powell

Dallas Fed President Kaplan: Monetary policy is now basically appropriate

U.S. construction spending increases more than forecast in September

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