Economics
Trump’s Trade Shocks Risk Recession Central Banks Can’t Prevent
- BOE’s Carney sees growing danger of global liquidity trap
- Fed’s Powell says trade uncertainty poses unique challenge
President Donald Trump
Photographer: Brendan Smialowski/AFP via Getty Images
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
Central bankers attending the Federal Reserve’s annual Jackson Hole symposium encountered lengthy delays in checking into the mountain resort on Thursday before the conference’s start. The reason: the hotel’s computer system wasn’t working.