-
Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces
China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences. There are increasing worries that China’s external surpluses result from industrial policy measures designed to stimulate exports and support economic growth amid weak domestic demand. Some worry that the resulting overcapacity could lead to a “China shock 2.0”—a surge of exports that would displace workers and hurt industrial activity elsewhere. This trade and industrial policy view of external balances is incomplete ... (full story)
- Comments
- Subscribe
-
- Older Stories
From treasurydirect.gov|Sep 12, 2024table
From pimco.com|Sep 12, 2024Just as it marks the transition from summer to fall, September has often been a transitional month for monetary policy and financial markets. In September 1998, the Federal ...
From @financialjuice|Sep 12, 2024post:
ECB SOURCES: AN OCT RATE CUT IS UNLIKELY FOR NOW, A MOVE BEFORE DECEMBER WOULD TAKE EXCEPTIONAL NEGATIVE GROWTH SURPRISES.
-
- Newer Stories
From corporate.nordea.com|Sep 12, 2024The ECB cut the deposit rate by 25bp, thus confirming the quarterly pace of cuts. We think this pace will be maintained, and still see the deposit rate at 2.25% at the end of next ...
From youtube.com/forexcom|Sep 12, 2024The USD went oversold on the weekly chart a few weeks ago following a consistent sell-off to begin Q3 trade. Since then it's been quite range-bound and looking at some prior ...
From cnbc.com|Sep 12, 2024|1 commentThe U.S. government for the first time has spent more than $1 trillion this year on interest payments for its $35.3 trillion national debt, the Treasury Department reported ...
- Story Stats
- Posted: Sep 12, 2024 1:43pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,746
