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Tag Archives: US economy

US job growth surges in February

Job creation in the US economy surged last month, but the annual rate of wage growth slowed. The economy created 313,000 jobs in February, official figures show, far in excess of analysts’ expectations. However, the unemployment rate remained at 4.1%, while the annual earnings growth rate slowed to 2.6% last …

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US juice and peanut butter face new EU tax

The EU has condemned US plans for tough tariffs on steel and aluminium imports, saying they jeopardise European jobs. EU trade commissioner Cecilia Malmstrom set out plans to retaliate against the proposed US tariffs. These include higher import duties on bourbon, peanut butter, cranberries, orange juice, steel, and industrial products, …

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Federal Reserve policymakers more confident about economy

The US Federal Reserve is preparing for stronger-than-expected economic growth this year, a view that boosts the case for higher interest rates. But some policymakers remain doubtful that the gains will appear in the form of rapid inflation and higher wages. Those members urged their colleagues to be “patient” as …

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World trade: What will Donald Trump do?

Of all the questions hanging over world trade this year, none loom bigger than President Trump. For decades, the US was the biggest driving force behind moves to stimulate more international trade. Now it’s the most important sceptic. So for 2018, the big question has to be: what can we …

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