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The Spectator

Tag : US economy

Business

Data show Trump trade war failed to cut US China trade gap

thespectator.co.in
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade...
Business

Fed cuts rates by half point amid slowing job gains

thespectator.co.in
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market....
Business

Gold continues upward climb, scaling one-year high racing past $2,000 an ounce

thespectator.co.in
Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows weaker-than-expected US economic data, which reinforces bets for a slowdown in the pace of interest...