The US economic trend continues to slow, but the deceleration – so far – has been gradual and non-threatening in terms of raising recession risk to a critical level. In other words, moderate growth prevails, albeit with a downside bias. If the deceleration rolls on, the potential for trouble may become elevated in the second half of 2019.
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US and China lay groundwork to end trade war: Reuters
House plans to block Trump’s emergency declaration: Politico
UK’s prime minister (still) searching for solution to Brexit impasse: Bloomberg
Japan’s government: economy still recovering at ‘moderate pace’: MNI
Iran’s foreign minister: a conflict with Israel is possible: Reuters
Eurozone growth remains ‘muted’ in February via PMI survey data: IHS Markit
China may be planning to launch a more aggressive round of stimulus: CNBC
Fed minutes: policymakers see little risk to leaving rates steady: Reuters
Gold price jumps to 10-month high: MarketWatch