CoStar Economy: Trade Deals Bring Relief, for Now

Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” – New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global...

Powell Overshadowed by Further Escalation of Trade War Concerns

CoStar Analysis: Message That Fed Will Sustain Recovery Lost in Tweet Storm Markets were roiled by new tariffs imposed on U.S. goods announced by China, a much-anticipated speech from Federal Reserve Chairman Jerome Powell and President Trump’s reaction to both. The...