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Bloomberg News Now: Trump Meets Xi in Beijing as Inflation Surges and Markets React
Posted
May 13, 2026
Views
1,399
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11
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May 13, 2026
1,399
11
0.79%
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3:35Now PlayingPresident Trump arrives in Beijing for a high‑stakes meeting with President Xi Jinping as U.S. inflation accelerates to its fastest pace since 2022. Tech stocks rally as CEOs including Nvidia’s Jensen Huang join the summit. New data shows wholesale prices rising sharply, with economists warning more consumer‑level pain is ahead. Markets are mixed as Treasury yields climb and the Fed is expected to keep rates higher for longer. Plus, the Senate prepares to confirm Kevin Warsh as Fed chair and the South Carolina Supreme Court overturns Alec Murdaugh’s murder conviction
#Trump #China #XiJinping #Inflation #Markets #FederalReserve #Economy #BloombergNews #TechStocks #AlecMurdaugh
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