#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q2/2025

BlackRock Inc. Chief Executive Officer Larry Fink said most CEOs he talks to think the US is in a recession, warning that stock markets could decline further as President Donald Trump’s tariff policies destabilize the world economy.

Fast-fashion giant Shein’s plans to shift some production out of China have met with opposition from the Chinese government, people familiar with the matter said, as Beijing seeks to stave off a manufacturing exodus in the face of Donald Trump’s escalating tariffs.

China eased its tight grip on the yuan by weakening its daily reference rate past the keenly-watched 7.20 per dollar level amid the dramatically escalating trade war with the US.

The European Central Bank will cut interest rates at its next four meetings as the economic costs of US tariffs mount, according to analysts at JPMorgan Chase.

The European Central Bank should lower interest rates next week because of US President Donald Trump’s tariff offensive, according to Governing Council member Gediminas Simkus.

Die beispiellos hohen US-Zölle sorgen weiter weltweit für Aufregung und Verwirrung. Auch in den USA selbst nehmen die Befürchtungen angesichts möglicher Folgen zu. So warnte der Präsident der regionalen Notenbank von Chicago, Austan Goolsbee, am Dienstag vor Lieferengpässen und einer Inflationswelle. Europas Börsen erholten sich unterdessen leicht.

Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration’s tariff announcement.

Traders boosted their expectations for Federal Reserve interest rate cuts this year as the US administration’s tariffs ignite fears of a global recession, and markets increasingly are also betting on an emergency reduction.

European Central Bank Executive Board member Isabel Schnabel suggested that US President Donald Trump’s tariff onslaught may signify that the era of free-flowing global commerce is over.

In every corner of the financial markets, from stocks to bonds to commodities, investors are sending Donald Trump the same unmistakable message: The trade war he unleashed is threatening to set off a worldwide recession — and fast.

In every corner of the financial markets, from stocks to bonds to commodities, investors are sending Donald Trump the same unmistakable message: The trade war he unleashed is threatening to set off a worldwide recession — and fast.

China retaliated against new US tariffs with levies on all American imports, delivering on a promise to strike back after President Donald Trump imposed duties and escalating a trade fight.

Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected, and the central bank must make sure that doesn’t lead to a growing inflation problem.

Expectations for European Central Bank interest-rate cuts are rising as investors and analysts assessing the fallout from Donald Trump’s tariffs conclude that the outcome for inflation will be more benign while growth will suffer.

US job growth beat forecasts in March and the unemployment rate edged up, pointing to a healthy labor market before the global economy gets hit by widespread tariffs.

US service providers expanded in March at the slowest pace in nine months as orders growth cooled and a measure of employment tumbled to the lowest since 2023.

Federal Reserve Vice Chair Philip Jefferson said interest rates remain well positioned to handle competing risks despite a high degree of uncertainty in the economic outlook amid substantial changes to US policies on trade, immigration and regulation.

US President Donald Trump’s array of tariffs threatens the global economy and calls into question the European Central Bank’s achievements in fighting inflation, according to Governing Council member Joachim Nagel.

Donald Trump’s latest tariff hikes threaten to inflict a bigger hit on China’s economy than it suffered during his first trade war.

Spitzenvertreter von Bund, Ländern und Gemeinden haben am Mittwoch im Bundeskanzleramt ein Gipfelgespräch abgehalten, um über die Sanierung des aus dem Ruder gelaufenen Budgets zu beraten. Nach dem Termin äußerte man sich einhellig: Bundeskanzler Christian Stocker (ÖVP) sprach nach dem Treffen von einem Stufenplan, um auch langfristig den Staatshaushalt in den Griff zu bekommen. Erstes Ziel sei es, das Defizit auf drei Prozent und damit das Maastricht-Ziel zu drücken.

US job openings fell in February while layoffs remained subdued, adding to evidence of a labor market that’s only gradually cooling.

Das chinesische Militär will es als »ernste Warnung« an Taiwan verstanden wissen: Streitkräfte nähern sich der Insel für eine Übung aus der Luft und vom Wasser. Taiwan hat bereits reagiert.

European Central Bank Executive Board member Isabel Schnabel said it’s time to talk about joint debt again in the euro area as policymakers see an opportunity to bolster the currency’s role in the global economy.

China has taken steps to restrict local companies from investing in the US, according to people familiar with the matter, in a move that could give Beijing more leverage for potential trade negotiations with the Trump administration.

Federal Reserve Bank of Richmond President Tom Barkin said President Donald Trump’s tariffs could raise both inflation and unemployment, creating a big challenge for the central bank.