Global Central Banks: Taking 2019 Off!

21 March 2019 At its March meeting, the US Federal Reserve signaled it would keep interest rates unchanged in 2019. In a similar fashion, the European Central Bank (ECB) at its recent gathering signaled interest rate hikes will be delayed until next year, and additional monetary support was forthcoming. But, that's not the end of [...]

After USMCA, Taking Aim at China?

11 October 2018 After years of describing NAFTA as "the worst trade deal in history", the Trump Administration along with Canada and Mexico signed the US Mexico Canada Agreement (USMCA). The White House, naturally, hails the accord as a historic triumph for American workers and farmers. Critics view the deal as a simple rebranding of [...]

NAFTA Renegotiations

  Peterson IIE NAFTA   When you want to know about NAFTA, there is no better place to look than the Peterson Institute for International Economics.  Here's a great, recent assessment.