18th July 2024
- Fed’s Beige Book Shows Slight Economic Growth, Cooling Inflation
Nearly half of districts reported flat or declining activity
Price gains modest as consumers buy essentials, trade down
https://blinks.bloomberg.com/news/stories/SGS6TODWX2PS
- US Floats Tougher Trade Rules to Rein In China Chip Industry (1)
Restrictions would hit technology from Tokyo Electron and ASML
US companies like Lam have urged softer approach in meetings
https://blinks.bloomberg.com/news/stories/SGRYKDDWLU68
- Waller Says Fed Getting ‘Closer’ to Cutting Rates, Not There Yet
Paying close attention to job market with soft landing in view
Waller outlines scenarios that could impact path of rates
https://blinks.bloomberg.com/news/stories/SGRUIEDWRGG0
- Biden Faces Intensified Calls to Step Aside While Ill With Covid
Illness forces president to leave trail at critical moment
Drumbeat of calls from lawmakers for him to stand aside grows
https://blinks.bloomberg.com/news/stories/SGSW76DWX2PS
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