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1.Market Observations, 8.Was Sticky

30 June 2018 (AFR) – Regional Federal Reserve presidents warn of escalating worries over trade war

(30 June 2018, AFR, p12, by Steve Matthews and Christopher Condon)

‘Two regional US Federal Reserve presidents warned that worries over escalating trade disputes were increasingly weighing on businesses and adding risks to the US economic outlook. St Louis Fed president James Bullard said he was hearing “full-throated angst” from regional companies, while Atlanta Fed president Raphael Bostic said businesses were “extremely concerned about the prospects of a trade war”. ‘

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