Saturday, January 11

Tag: trade policies

IMF chief sees consistent world development in 2025, continuing disinflation

IMF chief sees consistent world development in 2025, continuing disinflation

Business
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund will anticipate stable international development and continuing disinflation when it launches an upgraded World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva informed press reporters on Friday. Georgieva stated the U.S. economy was doing "a fair bit much better" than anticipated, although there was high unpredictability around the trade policies of the administration of President-elect Donald Trump that was contributing to headwinds dealing with the worldwide economy and driving long-lasting rates of interest greater. With inflation moving closer to the U.S. Federal Reserve's target, and information revealing a steady labor market, the Fed might pay for to await more information before carryin...
Mexican President Confident Tariff War with United States Can Be Avoided

Mexican President Confident Tariff War with United States Can Be Avoided

General
Mexican President Claudia Sheinbaum stated on Thursday she is positive a tariff war with the U.S. can be prevented, following current stress over migration and trade policies.Her remarks came one day after a telephone call with U.S. President-elect Donald Trump, although the information of the discussion stay uncertain."There will be no possible tariff war," Sheinbaum stated at an everyday rundown when inquired about the possibility of U.S. tariffs on Mexican products.She included that her discussion with Trump had actually been "outstanding," however did not clarify the specifics of any arrangements or pledges made throughout the call. Newly-sworn in Mexican President Claudia Sheinbaum addresses fans in the Zócalo, Mexico City's primary square, Oct. 1, 2024. She just recently stated she ...