However, the idea of easing off on tariffs has divided the White House, and Trump has said publicly that he has not committed to lifting any of his administration's duties against Chinese exports. Beijing is also reportedly reluctant to commit to purchasing $50 billion in U.S. agriculture goods, a key demand from Trump.
"We expect more easing, with the global weighted average policy rate touching a seven-year low by March 2020," Morgan Stanley's analysts wrote. "In 2020 the economy grows more slowly as the bulk of the positive lift from lower interest rates will have been absorbed and households balance higher income with higher prices from tariffs." Morgan Stanley said. "But the economy is on solid footing,with less external drag, sustained easy monetary policy and continued support from fiscal policy."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Piers Morgan pokes fun at Amanda Holden's broken leg during drunken night outThe Good Morning Britain host joined his former Britain's Got Talent co-star for a night out at a swish West London restaurant
Source: Mirror Celeb - 🏆 476. / 51 Read more »
Piers Morgan vows to repair Rebekah Vardy's image after Coleen Rooney dramaColeen Rooney accused Rebekah Vardy of lifting stories from her private Instagram account and selling them to the press
Source: Mirror Celeb - 🏆 476. / 51 Read more »
Amanda Holden’s suit is a winner with Instagram fans as she parties with Piers MorganAmanda Holden stepped out in a shimmering gold and black suit for a night out with Britain's Got Talent co-star Piers Morgan in London on Friday.
Source: hellomag - 🏆 24. / 68 Read more »
Claressa Shields vs. Amanda Nunes Could Happen Early 2020, Promoter SaysClaressa Shields' promoter says the Amanda Nunes MMA superfight could happen early 2020.
Source: TMZ - 🏆 379. / 59 Read more »
U.S. postpones military exercises with South Korea in nod toward North KoreaDefense Secretary Mark Esper said the United States and South Korea have indefinitely postponed a joint military exercise in an “act of goodwill” toward North Korea
Source: politico - 🏆 381. / 59 Read more »
Kraft Heinz Appoints New CIO To Deliver An AI Growth RecipeCorrado Azzarita, who has been promoted from within Kraft Heinz, is betting machine learning can help boost its revenues.
Source: Forbes - 🏆 394. / 53 Read more »