Daily Reads 8/6/2019
Hi, everyone. Today we look and the escalating currency fight between the U.S. and China. Former Fed chairs Volcker, Greenspan, Bernanke and Yellen call for an independent Fed. The surging trade tensions with China and expected Brexit has Goldman expecting the Fed to cut rates again. We read about the three ways grandparents can help pay for college. And we read an interesting article on how the sound in your home affects your mood.
For the first time in 25 years, the U.S. Treasury Department on Monday named China a currency manipulator — a move that looks set to worsen a trade war that has already dragged on the global economy.
The previous four heads of the Federal Reserve called for an independent central bank in the face of repeated attacks by President Donald Trump in an extraordinary joint commentary for the Wall Street Journal.
Surging trade tensions between the U.S. and China and the increased prospects of a hard Brexit mean the Federal Reserve will cut its benchmark interest rate three times this year, according to a revised outlook from economists at Goldman Sachs Group Inc.
Grandparents have many options when it comes to contributing to a grandchild’s educational costs. Each has its pros and cons.
The acoustic properties of our houses, offices and public spaces can have a major impact on how comfortable we find them and may even affect the way we behave.