Good morning! The economic arrows in the US started to carefully down in recent weeks and The worries about that growas it turns out on Wednesday morning. Central banker Austan Goolsbee, chairman of the Chicago Fed, warns in the Financial Times That the US central bank may have to adjust the current interest rate policy. In order to curb the increasing concerns about increasing inflation, the interest rate would have to be raised againafter times of interest reduction.
Goolsbee points in the Ft On a poll from the University of Michigan last week, which showed that consumers have not been worried about rising prices in the long term since 1993. “If it turns out that the market takes over,” says the central banker, then that is a “Big Red Flag” And the central bank must take action.
Not only central bankers are worried. The trust of American consumers is in the economy at the lowest level since January 2021according to a poll from the Conference Board, where The New York Times over message. Consumers’ expectations about their own income and the labor market conditions were not that low even in twelve years.
Opened in the meantime The stock markets in Asia on Wednesday extremely carefulstock market indices show shifts of less than 1 percent. Investors are according to Reuters Especially in anticipation of possible trade barriers that President Trump may announce next week.
And what do we see this morning?
- To stay with ‘Trumponomics’: The Italian tire maker Pirelli will go to his biggest investor during a meeting on Wednesday, the Chinese Sinochem, asking to bring his interest back. Pirelli fears American repercussions as long as the largest shareholder comes from China, writes the Ft.
- Very crazy, but Not every supermarket can be the cheapest in the Netherlands at the same time. Aldi, Boni, Dirk, Dekamarkt, Lidl, Hoogvliet, Nettorama, Plus and Vomar all claimed it, researched by the Consumers’ Association. Five of these chains have promised to abandon the claim, According to RTL Z.
- ABN AMRO presents new figures about How many investors sell their houses because of stricter rental rules. In some cities it concerns more than 10 percent of the investors, writes De Telegraafwhich can have a braking effect on the housing market.