EconomyTrump Floats EU Tariffs Over Canada Invite as Warsh’s Inflation Fight Calms Markets

Global bond yields retreated Thursday after the Federal Reserve raised rates and pledged to tame inflation, easing pressure in markets. President Donald Trump said he could impose fresh tariffs on EU imports or cut off some trade if efforts to make Canada a potential bloc associate harmed the US. Traders are now looking to Friday’s key Bank of Japan decision.