Bloomberg (May 7)
2019/ 05/ 08 by jd in Global News
“The conventional wisdom that the Fed’s next move would be down and the trade spat with China would end just got dealt a one-two punch…. Federal Reserve Chair Jerome Powell pushed back against calls for a near-term rate cut and U.S. President Donald Trump threatened to ratchet up tariffs on imported Chinese goods.”
Tags: China, Conventional, Fed, Powell, Tariffs, Trade spat, Trump, U.S.