Page 48 - Us Economy

US doing quite well in trade war, China's supply chain breaking up: Trump

The president asserted that because of his policies, China was having one of the worst economic years in decades

Five US Governors to visit India over next 2 months to boost economic ties

The unprecedented move of five American governors visiting India in quick succession is a part of the efforts by the Trump administration and the Modi government to enhance state-to-state relationship

To cut or not? Contrary views within US Fed put Jerome Powell in tight spot

President Donald Trump has demanded the Fed cut rates to bolster growth as he piles tariffs on Chinese imports to try to win a better trade deal

US doesn't have a 'tariff problem', it has 'a Fed problem': Donald Trump

"We don't have a Tariff problem.... we have a Fed problem," Trump said on Twitter

How important was slavery to the rise of US as an economic power?

The economics of slavery were probably detrimental to the rise of US manufacturing and almost certainly toxic to the economy of the South

Amid Trump's attacks, US Fed says trade war, not rates, undermining economy

Trump has elevated his criticism of the central bank to a shrill level in recent weeks

Want post-Brexit US trade deal quickly, but terms have to be right: Britain

Britain has so far failed to agree a deal with the EU to mitigate the disruption caused by its departure from the EU, increasing the chances of an unmanaged exit that would shock the global economy

US deficit to hit $960 billion in 2019, top $1 trillion in 2020: Report

The report projects that the US economy will expand more slowly, from 2.3 per cent this year to 1.8 per cent on average in the next four years

Had to 'take China on' regardless of short-term impact on US economy: Trump

Trump added that the Chinese economy was suffering due to the trade war, which placed the US in a good negotiating position

Trump looking at possible tax cuts, asset sale amid economic recession fear

Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure

As signs of US recession grow, should global investors be worried?

Do not let talk of yield curve inversion and impending recession spook you

Donald Trump says Fed should cut interest rates by 1 percentage point

Trump said in a Twitter post in which he also lamented that the US dollar is so strong that "it is sadly hurting other parts of the world"

Majority of economists expect US recession in next 2 years: Survey

Only two per cent of the 226 respondents now see a recession this year, compared to 10 per cent in February's survey, NABE said

Signs of recession worry Trump ahead of 2020 election as fear grips market

The financial markets signalled the possibility of a US recession this week, sending a jolt of anxiety to investors, companies and consumers

Trump's deficit economy

Redistribution from the bottom to the top reduces aggregate demand, because those at the top spend a smaller fraction of their income than those below

US govt deficit widens to $120 bn due to healthcare, military spending hike

The US government's fiscal position has deteriorated since 2016, hit by an aging of the population that has led to more people drawing on Medicare, a federal health insurance program for the elderly

Won't devalue dollar amid escalating trade war with China, says Trump

Inside the White House, hawks have been pushing for a direct intervention in currency markets by the Treasury by pointing to a slowdown in US manufacturing

US economic growth slows in Q2, 2018 falls below Trump's target

New data shows the world's largest economy actually slowed in the year after Donald Trump pushed through a sweeping tax overhaul.

US economy accelerates in first quarter of 2019; GDP growth at 3.1%

The figure confirms that the economy got off to a solid start this year

From Caterpillar to Coca-Cola, America Inc's stockpiles set to hit US GDP

Bottlers stocking up ahead of a potentially disruptive Brexit added to Coke's first-quarter profits