Michelle Fleury

RT @BBCBreaking: There's a new pope - white smoke emerges above the Sistine Chapel Follow live as we wait to find out who has been chosen…

US/UK deal highlights that big trade deals are hard to do While the UK secured tariff relief for steel & cars, Trump's baseline 10% tariffs remain in place Also notable, more contentious issues such as the digital services tax weren't mentioned

Some more details on that US / UK economic deal: -'Fast track’ US goods through customs - Increase market access for US beef and ethanol - UK farmers get tariff free quota for 13,000 metric tonnes -US steel tariffs reduced to zero -US auto tariffs cut from 27.5% to 10%

Powell's comment that politicians don't need the Fed's advice on fiscal policy just as the Fed doesn't need their input on monetary policy gets a laugh from the room.

The #FederalReserve left its key interest rate unchanged as it worries about the increased risk of staglfation. Waiting to see what more Jerome Powell says about this during his press conference. https://t.co/F1N7p0HpXV

As expected, the Fed holds steady. The unanimous decision leaves interest rates at 4.25-4.5%. The Fed is waiting to see how President Trump’s tariffs will raise inflation and slow growth before they lower rates. More on the Fed in this week's BBC World of Business newsletter https://t.co/pXWJ83XWJX

US economy retreats in first #GDP report of Trump’s second term Crossmark Global’s Chief Market Strategist Victoria Fernandez and KPMG’s Senior Economist ⁦@KenKim_1⁩ go through the numbers on #BBC NYSE Opening Bell https://t.co/7K8kEUAGmg

First 100 days of the second Donald Trump presidency… in 2 minutes Video by my colleague @AngelicaMCasas https://t.co/WvdVD0COi0

Bessent defends the dollar’s dominance, says the US for my lifetime will be the reserve currency As the rollercoaster ride for US assets continues, read what the IMF thinks about it in this week’s World of Business newsletter https://t.co/Gh73Ol5aW2

Onto the Q&A section here at the @IIF Global Outlook Forum https://t.co/mY8p5TEoDZ

A day after he said he expects a de-escalation in US-China tariff fight, Bessent offered strong critique of China saying the country needs to rebalance. His chastises the IMF for “failing to critique countries that most need it”

More than a hundred countries have approached us - US Treasury Secretary Scott Bessent on trade deals https://t.co/9OsTbQbOUA

BREAKING: US Treasury Secretary Scott Bessent says ‘America First does not mean America alone’. He says his speech will lay out a blueprint to reconnect the IMF and World Bank to its original purpose and restore balance in trade https://t.co/tq7mZ8UgHW

The International Monetary Fund — the body that monitors the global economy — has slashed its global growth forecast. Here are 3 things the IMF is worried about ⬇️ https://t.co/EPCfDf1mXE