Trade Correspondent, Washington DC, USA
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Sep 25, 2014
Sep 25, 2014

Japan, US remain apart in trade talks, dealing blow for TPP

WASHINGTON, Sept 25 (Reuters) – Japan and the United States
failed to make progress in bilateral talks, both sides said on
Wednesday, dealing a blow for hopes of sealing an ambitious
multilateral trade deal this year.

“Japan made a flexible proposal, but we weren’t able to make
further progress,” Trade Minister Akira Amari told reporters on
Wednesday evening after two days of talks in Washington.
“Further negotiations are undecided.”

Sep 24, 2014
Sep 24, 2014

Fed should be ‘exceptionally patient’ on rates: Evans

WASHINGTON (Reuters) – The Federal Reserve should be “exceptionally patient” in removing its monetary policy stimulus, a top Fed official said on Wednesday, even if doing so means allowing inflation to modestly overshoot the U.S. central bank’s 2 percent goal.

“I am very uncomfortable with calls to raise our policy rate sooner than later,” Chicago Federal Reserve Bank President Charles Evans told a Peterson Institute conference. “I favor delaying liftoff until I am more certain that we have sufficient momentum in place toward our policy goals.”

Sep 23, 2014
Sep 23, 2014

U.S. Ex-Im Bank supporters eye early push for long-term renewal

WASHINGTON, Sept 23 (Reuters) – Backers of the U.S.
Export-Import Bank may push again for a long-term extension of
its charter as early as November after a nine-month renewal left
the bank’s future undecided.

Congress last week extended the export credit agency’s
mandate through June 2015, the middle ground between
conservative critics’ bid to close Ex-Im and supporters’ calls
for a multi-year or even permanent extension.

Sep 18, 2014
Sep 16, 2014

Trade enjoys broad global support despite doubt on jobs: poll

WASHINGTON (Reuters) – Eight in ten people worldwide see benefits in growing trade but only around half believe it creates jobs and raises wages, with big pockets of skepticism in major advanced economies like Italy, the United States, France and Japan, a poll showed on Tuesday.

The Pew Research Center said 81 percent of the 48,643 people surveyed thought trade was good. But fewer were convinced by economists’ arguments that trade creates jobs (54 percent), raises wages (45 percent) and reduces prices (26 percent).

Sep 15, 2014
Sep 15, 2014
    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
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