Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Fed will ignore G-7 trade spat and announce new rate hikes, economist says

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

CNBC
June 11, 2018

The Federal Reserve is due to announce another rate hike this Wednesday and won’t take any notice of the spat between the U.S. and its Western allies over trade tariffs, an economist told CNBC Monday.

Market players are monitoring the rhetoric surrounding trade between the U.S. and the other six world-leading economies after divergences at the Group of Seven (G-7) summit over the weekend.

U.S. President Donald Trump revoked his support for a joint statement after the meeting, following comments from Canadian Prime Minister Justin Trudeau. The latter said though he did not want to “punish American workers”, he would be pressing ahead with retaliatory tariffs against the U.S.

As a result, President Trump called Trudeau “dishonest and weak” and warned the other G-7 leaders that retaliation against his tariffs on steel and aluminum imports, first announced in March, would be a mistake.

Read more

This article was posted: Monday, June 11, 2018 at 6:36 am





Infowars.com Videos:

Comment on this article

FEATURED VIDEOS
MISS AMERICA IS DEAD! See the rest on the Alex Jones YouTube channel.

The Truth About Italy See the rest on the Alex Jones YouTube channel.

https://www.youtube.com/embed/MyTQBMtSbsk https://www.youtube.com/embed/WypsVFfrOPg

© 2018 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.