Macro Briefing: 16 May 2019

GOP lawmakers raise questions on Trump’s Iran policy: The Hill
Alabama passes law criminalizing nearly all abortions: CBS
Trump bans US firms from using tech gear from China’s Huawei: CNN
US suspends all flights to Venezuela: Fox
Trump delays new tariffs on US car imports: WSJ
Trump’s tariffs are expected to modestly boost US inflation: WSJ
US retail spending unexpectedly fell in April: Bloomberg
GDPNow Q2 growth estimate for US slips to sluggish 1.1% increase: Atlanta Fed
Home builder sentiment in US rises to 7-month high for May: MW
NY Fed Mfg Index rebounds to 6-month high in May: NY Fed
Business inflation expectations tick up to 2.0% for May: Atlanta Fed
US industrial output’s 1-year change slows to weak 0.9% increase in April: