Inflation | Techwen

Inflation

Here’s how China could retaliate against U.S. tariffs

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Here’s how China could retaliate against U.S. tariffs

China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the … Read more

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

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Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Cleveland Fed President Beth Hammack said Thursday she thinks policymakers need to be patient rather than preemptive in assessing how tariffs will impact inflation and growth. In her first broadcast interview since taking the reins at the central bank district in August 2024, Hammack noted the high level of uncertainty now and did not commit … Read more