A top Pacific Investment
Management Co economist said on Tuesday the U.S. Federal Reserve
risks damaging economic growth while trying to restore rates to
normal levels and trade tensions spark inflation.
British Prime Minister Theresa
May will convene her cabinet on Wednesday afternoon for a
meeting on Brexit after the United Kingdom and the European
Union agreed a draft text on the withdrawal agreement.
New energy saving and
renewables targets adopted by the European Union on Tuesday put
the bloc on course to overshoot its climate goals, the EU
executive said, as it cut its projections of energy usage to
account for Brexit.