China’s Record Surplus, Fed Independence Risks In Focus
China posts a $1.18T surplus, UK GDP beats forecasts, and Kashkari flags Fed political risk.
5 min read
Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
UK GDP Beats Forecast in November as Production Rebounds
ONS data showed November GDP up 0.3% after October’s drop, partly reversing one-off weakness from a Jaguar Land Rover cyberattack.
2 min read
Kashkari Warns Political Pressure Could Lift Term Premiums
As scrutiny rises ahead of a Fed leadership transition, Kashkari argues independence is vital to monetary policy credibility.
2 min read
China Hits Record $1.18T Surplus as US Exports Slide
US-bound shipments fell sharply, but rising exports to EU and ASEAN kept China’s 2025 surplus at $1.18T.
2 min read
CPI Sticks at 2.7% as Tariff Pressures Loom
CPI held at 2.7% as necessities rose, widening spending splits while China surpluses stoked tariff risks.
6 min read
Carney Seeks China Tariff Relief as Canada-U.S. Risks Rise
Carney’s Beijing trip targets easing China’s counter-tariffs while EV tariffs and USMCA review constrain concessions.
2 min read
China’s Record $1.189T 2025 Surplus Fuels Tariff Risks
Exports rose 5.5% despite weak domestic demand, heightening fears of new barriers and probes in 2026.
2 min read
Necessities Inflation Deepens K-Shaped Consumer Spending Split
Rising grocery, utility, and health-care costs squeeze lower incomes as top earners keep travel and dining spend strong.
2 min read
December CPI Holds at 2.7% as Necessities Climb
Grocery, gas, and electricity costs rose as shutdown data quirks complicate readings, keeping the Fed cautious.
2 min read