U.S. Economic News
March 20, 2019
U.S. News
The Wall Street Journal reports that borrowing costs for some U.S. consumers, particularly those with good credit scores, have decreased in recent months as lenders reacted to the Federal Reserve’s message that it is unlikely to raise rates for the foreseeable future. Rates have declined for auto loans and mortgages, reflecting concerns that the U.S. economy may be slowing more than anticipated. WSJ
According to the Wall Street Journal, negotiators for the U.S. and China have scheduled a new round of high-level trade talks in the hope of closing a deal by late April to end the yearlong conflict between the world’s two largest economies. The two sides still have important issues to resolve, including how to enforce a deal and the pace at which the U.S. and China will roll back tariffs imposed over the past year. WSJ