According to the Financial Times, Federal Reserve Logan said that if the labor market remains strong, better inflation data does not necessarily mean that the Federal Reserve can cut interest rates. Even with better inflation data, interest rate changes should be treated with caution; inflation data in the next few months will be very important; also need to pay attention to geopolitical and policy changes; are carefully watching the impact of these factors on the economy.
According to the Financial Times, US President Donald Trump said that he plans to announce "reciprocal tariffs" next week, which means that the trade war between the United States and its economic partners will be significantly escalated. Affected by this news, the three major indexes of US stocks fell short-term. Trump told reporters in the Oval Office: "I will be announcing reciprocal tariffs next week to ensure that we are treated equally with other countries. We are neither seeking more nor ...
Trump said he would impose tariffs on European Union goods.
US President Joe Biden has signed a contingency funding bill to prevent a government "shutdown". The latest bill will continue to fund the US government until March next year, thus preventing some federal government agencies from falling into a "shutdown" after 00:00 EST on the 21st.
According to the Financial Union, Trump nominated Jamison Greer to be the US trade representative. Small financial note: During Trump's first presidential term, the trade representative was Robert Lighthizer, and Greer was Lighthizer's chief of staff at the time.
Google is developing artificial intelligence technology that can control the browser to complete tasks such as research and shopping, according to the financial news agency. According to the news agency, Google will showcase the product code-named "Project Jarvis" in December and release its next flagship product Gemini large language model.