U.S. commerce secretary Ross: Very hopeful that Fed Chairman Powell will lower interest rates

Noticias del mercado

19 agosto 2019

U.S. commerce secretary Ross: Very hopeful that Fed Chairman Powell will lower interest rates

Says he is very concerned about how Fed policy is affecting dollar strength
There will be a recession eventually but yield curve inversion is not as reliable as people think
U.S. will delay Huawei ban by 90 days to November 19
Will delay ban for some businesses
But U.S. had added 46 more Huawei subsidiaries to the entity list, which will not allow these units to import to U.S.
China's currency declines are mitigating cost of tariffs to U.S. consumer
Import prices have been declining from a year ago and overall consumer inflation is low

Major events in the week ahead – Deutsche Bank

UK PM Johnson: We will be ready to come out of the EU on 31 October, deal or no-deal

Enfoque del mercado

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