Vince Golle

Washington, D.C.

U.S. Economy Editor at Bloomberg News

U.S. Economy Editor @BloombergNews in Washington.

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Articles

US Inflation Starting to Stir as Trump Tariff Threat Looms

4 days ago | finance.yahoo.com | Vince Golle |Craig Stirling

(Bloomberg) -- US consumer prices probably picked up in April after the smallest advance in nine months, foreshadowing a broader acceleration as many companies seek to pass on higher tariffs. Most Read from Bloomberg A closely watched gauge of prices paid by Americans for goods and services, excluding volatile food and energy costs, is forecast to have risen 0.3%, based on a Bloomberg survey of economists. In March, the so-called core consumer price index inched up just 0.1%.
US Inflation Starting to Stir as Trump Tariff Threat Looms

4 days ago | bloomberg.com | Vince Golle |Craig Stirling

In March, core consumer price index inched up just 0.1%. (Bloomberg) -- US consumer prices probably picked up in April after the smallest advance in nine months, foreshadowing a broader acceleration as many companies seek to pass on higher tariffs. A closely watched gauge of prices paid by Americans for goods and services, excluding volatile food and energy costs, is forecast to have risen 0.3%, based on a Bloomberg survey of economists.
Charting the Global Economy: Bank of England Eases, Fed Holds

4 days ago | bloomberg.com | Vince Golle |Molly Smith

Workers cross a junction near the Bank of England in the City of London. (Bloomberg) -- The Bank of England lowered interest rates by a quarter percentage point and maintained its gradual-easing approach as officials assess US trade policy risks that also explain the Federal Reserve’s decision to remain sidelined. The BOE move highlighted a more careful tack toward cutting rates than traders had anticipated.
US-Ireland trade deficit at record on pre-tariff pharma imports

1 week ago | irishexaminer.com | Vince Golle |Mark Niquette

The US merchandise-trade deficit with Ireland soared to a record in March on a massive inflow of pharmaceuticals and medicines, likely a preemptive move by drug companies to front-run expected tariffs. The shortfall with Ireland more than doubled to a seasonally adjusted $29.3bn (€25.9bn) — larger than the US’s $24.8bn (€21.9bn) goods deficit with China. It was also wider than two other major US trade partners, Canada and Mexico.
US-Ireland Trade Deficit at Record on Pre-Tariff Pharma Imports

1 week ago | news.bloomberglaw.com | Vince Golle |Mark Niquette

The US merchandise-trade deficit with Ireland soared to a record in March on a massive inflow of pharmaceutical and medicines, likely a preemptive move by drug companies to front-run expected tariffs. The shortfall with the Emerald Isle more than doubled to a seasonally adjusted $29.3 billion — larger than the US’s $24.8 billion goods deficit with China. It was also wider than two other major US trade partners, Canada and Mexico.
US-Ireland Trade Deficit at Record on Pre-Tariff Pharma Imports

1 week ago | bloomberg.com | Vince Golle |Mark Niquette

(Bloomberg) -- The US merchandise-trade deficit with Ireland soared to a record in March on a massive inflow of pharmaceutical and medicines, likely a preemptive move by drug companies to front-run expected tariffs. The shortfall with the Emerald Isle more than doubled to a seasonally adjusted $29.3 billion — larger than the US’s $24.8 billion goods deficit with China. It was also wider than two other major US trade partners, Canada and Mexico.
Charting the Global Economy: US Hiring Firm Even After GDP Falls

1 week ago | financialpost.com | Vince Golle |Molly Smith

Advertisement 1US job growth remained solid in April, illustrating healthy labor demand entering a period when tariffs have a greater risk of tempering hiring decisions. Article content(Bloomberg) — US job growth remained solid in April, illustrating healthy labor demand entering a period when tariffs have a greater risk of tempering hiring decisions. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
Charting the Global Economy: US Hiring Firm Even After GDP Falls

1 week ago | bloomberg.com | Vince Golle |Molly Smith

Attendees at a job and resource fair in Fletcher, North Carolina. (Bloomberg) -- US job growth remained solid in April, illustrating healthy labor demand entering a period when tariffs have a greater risk of tempering hiring decisions. The stronger-than-expected advance in payrolls partly reflected stepped up hiring of transportation and warehousing workers needed to handle a recent flurry of imported goods.
US Manufacturing Activity Shrinks by the Most Since November

1 week ago | news.bloombergtax.com | Vince Golle

US manufacturing activity shrank in April by the most in five months as lean order books and the repercussions from tariffs prompted the steepest output contraction since 2020. The Institute for Supply Management’s factory gauge eased 0.3 point to 48.7, data out Thursday showed. The group’s production index stumbled more than 4 points to 44. Readings below 50 indicate contraction. Prices paid for inputs, however, accelerated slightly.
Industria manufacturera de EE.UU. sufre la mayor contracción desde noviembre

1 week ago | bloomberglinea.com | Vince Golle |Luke Sharrett

Bloomberg — La actividad manufacturera de EE.UU. se contrajo en abril al máximo en cinco meses, ya que las magras carteras de pedidos y las repercusiones de los aranceles provocaron la mayor contracción de la producción desde 2020. El indicador de fábricas del Instituto de Gestión de Suministros retrocedió 0,3 puntos, hasta 48,7, según mostraron los datos publicados este jueves. El índice de producción del grupo retrocedió más de 4 puntos hasta 44. Las lecturas por debajo de 50 indican contracción.