All these measures are not intended to serve as the savior of the world economy, but to save the Chinese economy, and to reach the “six stabilities”–the economic growth goals set by the Politburo of the Chinese Communist Party Central Committee in August 2018. They represent stabilities in the areas of employment, finance, foreign trade, […]

The Federal Reserve is considering a key milestone in its public communication about the path of interest rates. Wall Street economists think a language change is coming that will signal monetary policy is no longer loose, meaning interest rates are no longer seen as particularly low. This week’s meeting may be too soon; it’s more […]