Fed Chair Warsh says no cruel choice between stable prices and full employment
US Commerce Official Kessler travelled to Netherlands recently to raise concerns about dutch sales of equipment for chinese semiconductor manufacturing
Citigroup (C) CEO says conflict in middle east has weighed a bit on global growth, whilst giving inflation a second wind
Fed Chair Warsh says no cruel choice between stable prices and full employment
[MARKET UPDATE] Oil prices decline as Trump says Hormuz is only closed to Iran, and replaces 20% US "reimbursemet fee" for using Hormuz with trade and investment deals with various gulf states
US President Trump says "Oil is flowing like never before... Strait of Hormuz is open to ALL Ship traffic except for Iran", replaces 20% US reimbursement fee with trade and investment deals with various gulf states
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- Over the long term technologies will improve productivity but it can be quite far out.
- Fed can think hard about when they're going to be buying debt from the Treasury.
- Can achieve other balance sheet equilibriums.
- We'll have deeper, more serious discussions among US, fewer pronouncements
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