Victoria Guida
Economics Correspondent and Columnist at POLITICO
Economics correspondent and columnist for @politico. Retweet ≠ endorse. Email: [email protected] Signal: vguida.28
Articles
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3 weeks ago |
politico.eu | Victoria Guida
Imports plummeted in April as companies adjusted to President Donald Trump’s sweeping new tariff regime, in an early signal of how his global trade war is unfolding in the U.S. economy. The monthly goods trade deficit last month was nearly half its size in March, according to an advance estimate from the Commerce Department, driven by a nearly 20 percent drop in imports.
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4 weeks ago |
politico.com | Victoria Guida
The numbers suggest that Trump’s policies are chipping away at the global trade deficit, which the president views as a key problem for the US economy. The monthly trade deficit last month was nearly half its size in March, according to an advance estimate from the Commerce Department, driven by a nearly 20 percent drop in imports.
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4 weeks ago |
politico.com | Victoria Guida
Powell made no commitments, “except to stress that the path of policy will depend entirely on incoming economic information,” the Fed said. President Donald Trump, left, and Fed Chair Jerome Powell met at the White House for the first time in the president’s second term.
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4 weeks ago |
yahoo.com | Victoria Guida
Federal Reserve Chair Jerome Powell and President Donald Trump met at the White House on Thursday for the first time in the president’s second term, following recent comments from Trump voicing frustration that Powell hasn’t cut interest rates.
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4 weeks ago |
politico.com | Victoria Guida
Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. Economic analysis these days has the feel of every trailer you’ve seen where someone ominously proclaims that a storm is coming.
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RT @mmcassella: China trade talks latest: Sec. Lutnick says talks are going "really, really well," that he hopes they wrap up tonight, but…
RT @JayLeonard: Ha ha ha ha ha It took a decade to replace Libor
The GOP tax bill looks aimed at ending the Office of Financial Research. In practice, this could undermine SOFR, which replaced now-defunct Libor as the go-to reference rate for a large volume of financial contracts globally. @NathanTankus digs in: https://t.co/1nk2g3mqPg
