Macro Briefing: 31 May 2018

Secretary of State Pompeo dines with top N. Korean official in NY: CBS
Trump set to impose steel, aluminum tariffs on Europe on Thursday: Reuters
Federal Reserve takes steps to loosen Volcker rule on big banks: The Hill
US Q1 GDP growth revised down to 2.2% from 2.3%: MarketWatch
Higher energy prices trigger sharp rise in Eurozone inflation in May: AP
Fed’s Beige Book: US economy grew moderately as manufacturing picks up: WSJ
Economists raise expectations for US Q2 GDP growth: Bloomberg
US trade deficit narrowed in April to six-month low: Bloomberg
ADP: US private-sector job growth picks up to 178,000 gain in May: USA Today