Bank of England's Bailey: The message from the BOE is the situation is finely balanced

8 months ago 27

Pearl Global & RichaCo Exports face 50% US tariffs, shifting production to Bangladesh/Nepal to avoid losses.

Trump's tariffs rake in $50B/month, outlasting his term. Traders eye trade policy's long-term market impact.

Inflation expectations rise to 2.9% (5-yr) & 3.1% (1-yr). Fed eyes tariffs' impact on rates & job market.

Bitcoin jumps 5% as Trump's order may allow crypto in 401(k)s, boosting retirement asset diversification.

Wall Street Journal

8m ago

China's exports surge 7.2% despite US trade war; surplus hits $683.5B. Diversified trade offsets US slump.

Jobless claims tick up, highest since '21. Labor market still tight, low-hire/low-fire. Traders watch for shifts.

Markets rally on tech strength & rate cut hopes! S&P 500 +0.48%, Nasdaq +0.71%. Jobless claims rise, boosting Fed cut odds.

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