In the face of Trump’s immigration order barring travelers from seven Muslim-majority countries from entering the U.S., a slew of financial services executives moved to reassure employees
IMF projections see U.S. slowdown, problems in commodity-centric emerging markets; BlackRock slashes some ETF fees; U.S. oil supply dips; VP candidates battle.
Ultradovish monetary policy has reached the limits of what growth it can provide. Given the aging demographics in the U.S., it’s imperative that policymakers pull the fiscal levers at their disposal.