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US Job Growth Is Seen Moderating on Shifting Trade Policy
US Job Growth Is Seen Moderating on Shifting Trade Policy

Bloomberg

time31-05-2025

  • Business
  • Bloomberg

US Job Growth Is Seen Moderating on Shifting Trade Policy

By and Craig Stirling Save The pace of US hiring probably slowed in May, with employers focusing on containing costs as households become a bit more guarded and businesses reconsidered investment plans against a backdrop of shifting trade policy. Economists see payrolls rising by 125,000 after job growth in March and April exceeded projections, based on the median of a Bloomberg survey. That would leave the average over the past three months tracking a still-solid 162,000. The unemployment rate is seen holding at 4.2%.

ECB Is Nearing 2% Inflation Goal, Three Years After Policy Pivot
ECB Is Nearing 2% Inflation Goal, Three Years After Policy Pivot

Bloomberg

time27-05-2025

  • Business
  • Bloomberg

ECB Is Nearing 2% Inflation Goal, Three Years After Policy Pivot

I'm Craig Stirling, a senior editor in Frankfurt. Today we're looking at prospects for euro-zone inflation. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Almost exactly three years ago, euro-zone data showed inflation surging to 8.1%. Within a couple of weeks, policymakers ended months of hesitation and formally signaled the start of rate hiking.

The Ricochet Effect From Trump's Trade War
The Ricochet Effect From Trump's Trade War

Bloomberg

time02-05-2025

  • Business
  • Bloomberg

The Ricochet Effect From Trump's Trade War

I'm Craig Stirling, a senior editor in Frankfurt. Today we're looking at the inflation impact on Europe of Chinese exports. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. Chinese exports to the US, worth more than half a trillion dollars last year, are suddenly hitting a wall of tariffs imposed by the White House. So what happens when that tide rebounds on the world's other major economic area, the European Union?

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