Inflationary pressures are beginning to wane. See how actions taken by your central bank affect you
Plus the debt ceiling and the end of QT
The very tight rein in all aspects of policy — fiscal, monetary and regulatory — is easing
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impact
Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year
US wants Britain to drop its digital services tax, which affects big American companies
April 2 will be a big day
Italian prime minister criticises Brussels for engaging in tit-for-tat with US
University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990s
Trump’s administration has expressed more tolerance for the economic fallout from tariffs than expected
Beijing is concerned proximity to America could lead to sharing of smart car technology developed by Tesla’s main rival
Tesla sinks as investors shift away from riskier holdings
Economists and scientists worry over disappearing data and advisory groups
Pound has rebounded this year amid stubbornly high UK inflation and a broad dollar retreat
The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency
Executives are concerned that levies on components could be in the president’s sights
City’s strategic position makes it increasingly vulnerable to escalating geopolitical tensions between US and China
Also in today’s newsletter, traders make $16bn shorting Tesla and economists warn of US economic slowdown
US companies at risk of scrutiny from Beijing as political tensions mount
Leftist president’s approval moves above 80% in swirl of nationalism as she grapples with US tariff threats
Plus retail sales
Africa’s most populous country among former crisis-hit economies attracting foreign inflows
FT-Booth survey also signals rising concerns over quality of US economic data
Hint at summit comes amid escalating trade conflict between Washington and Beijing
Britain’s digital services tax set to remain point of dispute at Washington meeting
