Marriper S. ECCLES Federal spare buildings in Washington, DC, USA, 27. February 2024. years.
Morah Ratner Bloomberg | Getti images
The most independent central bank (including this newsletter) is like the bed of functional economy. Officials manage the economy by calibrating the reference interest rates on which bank loans and mortgages, among other debts, are based.
Corporates and consumers, in general, such as low interest rates because borrowing costs are cheaper. It is first encouraged to expand and invest, which, in turn, tend to increase income and spending among the last. But such behavior can overheat the economy, causing prices to shoot.
Repeated calls of US President Donald Trump for the Federal Jerome Powel Spare Chair can make companies and people happy – at a price that inflation is released again that inflation restarts again. The factor in Trump tariffs, which are taxes on import and thus basically increase prices and inflation could be given two shots in hand.
That is why central bankers tend to work independently of the government. The management aimed at meeting the inhabitant can reduce the rates despite high inflation, which leads to further economic difficulties.
It’s a relief in the United States and Europe were on break for rest on Friday when Trump presented his comments.
What do you need to know today
Trump calls back to Powell to priced rates
American President Donald Trump said Friday that “If we had a chairman of the fed, who understood what he was doing, Interest rates would come downAlso. “White House said Friday for officials to judge whether I can Remove the food chair. This is not for the first time Trump criticized Powel’s approach to the United States Monetary Policy.
Growth of disapproval Trump economic handling
According to a CNBC survey of 1,000 Americans, 55% of respondents have not been approved Trump handling economics, for the first time in any CNBC survey that net is negative in the economy while the President. More Americans believe that the economy will get worse than at any time from 2023. years, and they are sharply pessimistic in terms of exchanges, according to the results of the survey.
China maintains interest rates stable
ASIA-PACIFIIFIC Markets were mixed on Monday. Japan Nikkei 225 I lost approximately 1.3%. However, CSI on land of the capital 300 added about 0.3% as the National Bank of China His jerks kept the most murdered unchanged. 1-year-old LPR is currently at 3.1%, and the five-year rate is 3.6%. Economists surveyed Reuters expected this outcome, which suggests that Pboc is the priority of IUAN stability due to the incentive economic.
Beijing advocates “reciprocal countermeasures”
Chinese Ministry of Commerce warned On Monday who wealthy Beijing opposes any party that reached a deal of the damage of China’s interest. If this happens, China will not accept it and will decisively take reciprocal countermeasures, “according to CNBC translation. Trump administration is As reportedly plans to use tariff negotiations for pressure on US partners diminished for their jobs with China.
American economic activity may “fall ‘in summer
The US economy could experience Now elevated level of activity As customers and companies, the goods are added before tariffs are coming in, President Chicago Fed Austan Goolsbee said on Sunday. “The activity could look artificially high at first, and then until the summer can fall – because people bought it all.” The most affected sectors include auto-industry and electrical components, the goonsbee said.
Executive order for the State Department Remont
Trump Administration could get out soon Cleaning changes in US State DepartmentAccording to the executive order of the executive account of 16 pages, CNBC received. If it was passed, the command of South Africa would abolish in South Africa, eliminated burways working on issues such as democracy and human rights, as well as international organizations such as united nations.
[PRO] Earnings can move tariffs as focus
The girl’s market due to Trump tariffs can submit – but not entirely entirely, this week, according to the strategists. Investor’s attention will be turned Making reports for the first quarterwith Tesla and Alphabet announcing their performance on Tuesday and Thursday, respectively.
And finally …
US President Donald Trump met with Japan Prime Minister Shiger Ishibu in the White House in Washington, USA, 7. February 2025.
Kent Nishimura Reuters
Trump Tariffs push Asian trading partners to measure investment in Massive Alaska Energi Project
Alaska has long tried to build an 800-mile pipeline that would eventually cool the gas fluids for export to Asia. The project, which has a stunning price of 40 billion dollars, is stuck on the drawing board for years.
Alaska LNG, As the project is known, shows new signs of life – with a Trump, which is a national priority project. The American Minister of the Ministry of Finance Scott Besent said earlier this month that a liquid natural gas project could play an important role in trade negotiations with South Korea, Japan and Taiwan.
“We are thinking about a large LNG project in Alaska to South Korea, Japan [and] Taiwan is interested in financing and taking a significant part of Offtake, “he told the Hournounds of Journalists 9. April, saying that such an agreement would help meet Trump’s goal to reduce the US trade deficit.
