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Macro Briefing: 11 July 2019

Summary:
Iranian boats attempt to intercept British tanker: BBCFlood risk rises for millions as Gulf of Mexico storm threatens: CNNOil rises to 6-week high on Iran tensions, Gulf of Mexico storm: ReutersFed’s Powell tells Congress that central bank is ready to cut rates: WSJFormer US ambassador to China: tariffs on China are ‘new normal’: CNBCBusiness inflation expectations dip to 1.9%, matching a 2yr low: Atlanta FedUS gov’t set to arrest and deport thousands of illegal immigrants: NY TimesFed minutes support case for rate cut: BloombergUS core inflation’s 1yr trend for June on track to ease in today’s update:

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Iranian boats attempt to intercept British tanker: BBC
Flood risk rises for millions as Gulf of Mexico storm threatens: CNN
Oil rises to 6-week high on Iran tensions, Gulf of Mexico storm: Reuters
Fed’s Powell tells Congress that central bank is ready to cut rates: WSJ
Former US ambassador to China: tariffs on China are ‘new normal’: CNBC
Business inflation expectations dip to 1.9%, matching a 2yr low: Atlanta Fed
US gov’t set to arrest and deport thousands of illegal immigrants: NY Times
Fed minutes support case for rate cut: Bloomberg
US core inflation’s 1yr trend for June on track to ease in today’s update:

Macro Briefing: 11 July 2019

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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