INSUBCONTINENT EXCLUSIVE:
By Michelle Jamrisko, David Biller and Toru FujiokaGlobal central bankers sounded the alert that a trade war would leave them worrying more
about the economic fallout than any boost tariffs would give to inflation.
As President Donald Trump threatens to impose levies on imported
steel and aluminum and duties on as much as $150 billion of Chinese goods, uncertainty over global commerce is casting a pall over an
otherwise strong outlook.
The tensions were a key theme at the IMF meetings in Washington, with policy makers on Saturday warning of
challenges in a communique
That would take one cloud off the horizon, even as a massive pile of global debt and frothy markets threaten the current economic
that push up inflation in the short-term as higher duties lift import prices and the drag on economic activity from the blow to confidence
Hemisphere department, said in an interview
The United States Federal Reserve is set to hike its benchmark interest rate again by June and trade-reliant Singapore, which uses its
exchange rate as its main policy tool, tightened the screws this month.
It could be that central banks keep tightening even amid talk of a
trade war, said Rob Subbaraman, head of emerging markets economics at Nomura Holdings Inc
policy.
Still, signs of a moderation in growth momentum in the first quarter are giving central bank chiefs reason for caution
Bank of England Governor Mark Carney said market expectations for U.K
interest-rate increases may be too high and European Central Bank policy makers now see scope to wait until their July meeting to announce
of participants saw downside risks to the economy from global trade tensions
say on Thursday when he and fellow policy makers are predicted to leave monetary policy unchanged.
Worries even abound in those countries
that might benefit from a spat between the United States and China as demand is rerouted to their products
While he acknowledged soy exports could rise in the event of a skirmish, Paraguayan central bank chief Carlos Fernandez Valdovinos, said
