FED'S GOOLSBEE: INTERCONNECTION OF PRIVATE CREDIT WITH CONVENTIONAL INSTITUTIONS ARE NOT AS BIG AS CONNECTIONS IN 2007-2009 FINANCIAL CRISIS

Chinese officials are in talks with US counterparts to purchase American agricultural products including corn, sorghum, distillers dried grains and soybeans, according to traders familiar with the discussions. The negotiations may lead to an agreement during President Donald Trump’s visit to China this week, as both sides seek to preserve a fragile trade truce and potentially reach a broader deal during Trump’s first state visit to China since 2017. Details including purchase volumes and timing are still under discussion.

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