Tag: Economic policy
Trade Policy Uncertainty Forces Fed to Delay Rate Hikes
Chicago Federal Reserve President Austan Goolsbee was like, "Yo, Trump's new tariffs are making things hella complicated for us." He mentioned in an interview with CNBC that the Fed is gonna have to hold...
Trump Urges Walmart to Absorb Tariffs, Threatens Price Hikes
People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...
Trump’s Stance on Tariffs: No Rush to Make Deals
U.S. President Donald Trump was spotted hanging out with Canadian Prime Minister Mark Carney (he didn't want to be in the picture) in the Oval Office at the White House in Washington, D.C., U.S....
Warren Buffett Criticizes Tariffs: Trade Shouldn’t Be Weaponized
Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...
Ken Griffin cautions Trump on U.S. Treasurys brand damage
Ken Griffin, who is the founder and CEO of Citadel, was speaking at the Semafor World Economy Summit 2025 at Conrad Washington in Washington, DC on April 23, 2025. "America is not just a...
Challenges of Trump’s Call for Auto Production Shift to U.S.
Ford Motor Company's electric F-150 Lightning is in production at the Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty ImagesDETROIT – When President Donald Trump...
China Increases Budget Deficit Target to 4% GDP
China's Fiscal Policy Shift: A Bold Move in Uncertain TimesChina has recently announced a significant change in its fiscal policy by increasing its budget deficit target to around 4% of the country's gross domestic...
Tariffs on Canada and Mexico Will Proceed
President Donald Trump made a bold statement on Monday, confirming that the extensive U.S. tariffs imposed on imports from Canada and Mexico would move forward as planned when the month-long delay on their implementation...
Xi Jinping Addresses Top Executives on Private Sector Growth
Chinese President Xi Jinping recently addressed a group of top executives at a closed-door symposium in Beijing, signaling a strong show of support for the private sector amidst economic challenges. The meeting, which took...
Trump 2.0 Impact on Banks and Small Caps
The recent changes in the political landscape under the Trump administration have sparked significant shifts in the financial markets, particularly impacting big banks and small-cap stocks. According to John Davi, the founder and CEO...
Tariffs imposed by Trump on Mexico, Canada, and China
President Donald Trump has recently taken a bold step in the realm of international trade, implementing import tariffs on goods from key trading partners such as Canada, Mexico, and China. These tariffs have been...
Trump Administration Imposes Tariffs on Canada, Mexico, and China Starting Saturday
President Donald Trump has taken a bold step in his administration's trade policy, announcing the imposition of tariffs on Canada, Mexico, and China starting this Saturday. The decision, shrouded in intense speculation, was finally...
Stabilizing the Bond Market: Ray Dalio Emphasizes the Importance of Cutting Budget Deficit
Ray Dalio, the Founder & CIO Mentor of Bridgewater Associates, made a compelling case for stabilizing the bond market by emphasizing the importance of cutting the U.S. budget deficit. Speaking on CNBC's Squawk Box...
Trump considering changes to tariff plans: What you need to know
President-elect Donald Trump is considering a new plan that could shake up global trade dynamics as we know them. According to a recent report from The Washington Post, Trump is contemplating changes to his...
Trump endorses House GOP deal to avert government shutdown and suspend debt ceiling: What...
Trump Endorses House GOP Deal to Avert Government Shutdown and Suspend Debt Ceiling: What It MeansIn a crucial turn of events in the nation's capital, House Republicans have reached a consensus on a short-term...
DOGE’s Musk and Ramaswamy Push for Congress to Pass Massive Spending Cuts
Elon Musk and Vivek Ramaswamy's Ambitious Push for Federal Spending CutsEntrepreneurs Elon Musk and Vivek Ramaswamy have taken Capitol Hill by storm with their bold plan to slash federal spending. Musk, the Tesla CEO,...
The Federal Reserve Achieves 2% Inflation Target
The Federal Reserve has been striving to reach its 2% inflation target, and recent data suggests that it may be getting closer to achieving that goal. Both consumer and producer price indexes for September...
Harris Economic Policy: Leveraging Biden White House Alums for Success
US Vice President Kamala Harris is currently in the process of developing her economic policy plan with the help of economist Brian Deese, a former director of President Joe Biden's National Economic Council. Deese,...
White House Initiates Extensive Regulatory Effort, Harris to Unveil Economic Plan
The Biden Administration recently announced a new regulatory initiative called the "Time is Money" campaign. This initiative aims to target corporate practices that waste consumers' time and unnecessarily burden them with red tape to...
Understanding the NISA Program and its Impact on Japanese Yen Depreciation
The Japanese Yen (JPY) faced challenges in the foreign exchange (FX) markets due to Japanese individuals making overseas asset purchases through the Nippon Individual Savings Account (NISA) program. This tax-free investment scheme has led...
Lula approves spending cuts to meet Brazil’s fiscal framework
Brazil's President Luiz Inacio Lula da Silva has taken decisive action to address the country's fiscal challenges. In a meeting with his economic team, Lula approved spending cuts in order to comply with Brazil's...
Managing Japan’s FX Movements: Hayashi Promises Appropriate Actions
Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich Suzuki's previous remarks. Hayashi refrained from commenting on specific forex...