Fed under considerable pressure to cut (video)

U.S. Fed ‘under considerable pressure’ to trim rates: Market analyst Looking ahead to Wednesday’s policy announcement from the U.S. Federal Reserve, Craig Erlam, senior market analyst at OANDA in London, says “the Fed is under considerable pressure from the White House” to indicate a rate cut is coming. But Erlam also says if there’s good […]

Leadership race overshadows BoE

Central bank to play second fiddle in coming months It’s already been a quite a week for the UK, with leadership elections taking place as we continue to edge towards the final two that will face the Conservative membership to become the next Prime Minister. It’s not often that the Bank of England is overshadowed […]

China Lowers Tariffs for other WTO Countries

The Trump administration’s tariffs have opened the door for U.S. economic allies in China, a study shows, adding to trade-induced headaches for American businesses. As Beijing has raised duties in response to the Trump administration’s spate of tariffs, it also lowered trade barriers for exporters around the world, according to an analysis by the Peterson […]