WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell has taken a glass-half-full view of the U.S. economy but the trouble may be that the glass has gotten smaller and has a few cracks.
“Over the next week it risks losing a few drops as deadlines approach for the United States to impose new tariffs on China, British voters decide what has been called a “nightmare” election between far-left and far-right candidates, and other central banks take stock of what seems an increasingly turgid global economy[…]
The global economy is slowing. The International Monetary Fund at its semi-annual meeting in October cut its world growth forecasts for this year and next and said the outlook remained precarious…”
Twitter – @BNPPAmericas
LinkedIn – BNP Paribas