Bonds & Stocks
Equities hovered near all-time highs on Friday, with the S&P 500 climbing over 2% this week. That was after President Donald Trump talked up policies to boost economic growth and lower taxes, while appearing to soften his stance toward tariffs on China.
Economy
President Donald Trump said he’d prefer not to have to impose tariffs on China, his latest dovish remark toward the world’s second-biggest economy even as he continues to threaten sweeping action.
World
The Bank of Japan raised its key policy rate Friday to the highest level in 17 years and took a more bullish view on the strength of inflation, fueling expectations for more rate hikes and supporting the yen.