Bloomberg Federal Reserve Bank of Dallas President Robert Kaplan says trade tensions might have a chilling effect on the US and global economy, and he’s also watching for the potential effects on inflation. Some end-markets may be jeopardised by the US-China trade dispute, but “the bigger thing is logistics and supply chain arrangements,” Kaplan said during a wide-ranging discussion at ...

Bloomberg The People’s Bank of China (PBOC) warned that the escalating trade war could destabilise the global economy, and vowed to continue with its targeted stimulus policy at home. “Trade friction and uncertainties in global policy could impact the global economy negatively” by driving up inflation, damaging household and corporate confidence and causing financial market turbulence, the PBOC said in ...

Bloomberg The biggest banks in the UK are among the worst offenders in paying women less than men and face being summoned to explain themselves, according to Nicky Morgan, the Conservative member of Parliament who will chair hearings this summer into the finance industry’s alarming gender pay gap. Goldman Sachs Group Inc., HSBC Holdings Plc, Barclays Bank Plc and others ...