‘Strong economy through 2020’: Trump and advisers insist no looming recession

Peter Navarro and Larry Kudlow dispute market indicatorsTariffs are hurting China not US, trade aide insists Donald Trump’s chief trade advisers insisted on Sunday the US is not facing a recession which markets appear to fear and which could cost the p…

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A trade deal with Trump will change Britain for the worse

The EU has opposed brutal animal welfare and rampant tech monopolies. Post-Brexit Britain will be exposed to bothA trade deal with the US would be a defining moment for the UK. It is not an exaggeration to say it would reveal the country’s direction of…

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If global markets are unsettled, they have good reason to be so

Last week’s upheavals in bond values were an all-too-rational response to a cocktail of economic troublesEvery year the Federal Reserve Bank of Kansas City hosts a symposium in the Grand Teton resort of Jackson Hole. Some years, guests have little to d…

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Six ways to bring the American Dream back from the dead

From cutting student debts to index-linking the minimum wage, the dream can be rebuiltIt is time to admit that the “American Dream” is dead. Its underlying conditions – strong, consistent economic growth and a meritocracy structured to keep the rich fr…

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Trump foolishly thinks gold standard will usher in a golden age

The president’s nominee for the Fed believes pegged exchange rates will fix the US trade deficit. Not soThere are now scores of efforts to psychoanalyse the US president Donald Trump’s nomination of Judy Shelton to the Federal Reserve board. Some empha…

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Trump adds a dismal dimension to the US-China trade dispute | Jeffrey Frankel

President asserts that the recent depreciation of the yuan amounts to currency manipulation. Not trueThe trade war between the US and China is heating up again, with the US president, Donald Trump, abruptly announcing plans to impose a 10% tariff on th…

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The Fed comes up with an interest rate cut that will please nobody | Larry Elliott

Donald Trump has been pushing for it, but the real problem lies with the man in charge – Jerome PowellDonald Trump got less than he wanted. Wall Street was unimpressed. Both the White House and the financial markets see the first cut in US interest rat…

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