logo
UBS's Watt on US Dollar Weakening Amid Tax Bill Snag

UBS's Watt on US Dollar Weakening Amid Tax Bill Snag

Bloomberg21-05-2025

UBS US Economist Abigail Watt discusses the US dollar weakening during tax bill negotiations. She speaks with Matt Miller on 'Bloomberg Brief.' (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US and China Agree on Plan to Cool Trade Tensions
US and China Agree on Plan to Cool Trade Tensions

Bloomberg

time25 minutes ago

  • Bloomberg

US and China Agree on Plan to Cool Trade Tensions

Good morning. The US and China agree on a plan to ease trade tensions. Scott Bessent is said to be a contender for the US Federal Reserve chair. And Nintendo's Switch 2 sales smash a record. Listen to the day's top stories. The US and China agreed to a preliminary pact to reduce trade tensions. Full details weren't available, but American negotiators expect issues including rare earths to be resolved. Financial markets mostly shrugged off the news. Meanwhile, Donald Trump scored a win as an appeals court ruled the president can keep his global tariffs in place for now. And European Central Bank chief Christine Lagarde warned that being a bully on global commerce won't work longer term.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store