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NOTHING IS PERMANENT EXCEPT CHANGE

  • Fed’s Powell suggests friction could hurt economic outlook
  • ECB’s Draghi, BOJ’s Kuroda, RBA’s Lowe all express concerns

OTHER NEWS

In the 1980s, US President Ronald Reagan initiated a military spending race with the Soviet Union that ended up altering the global balance of power in ways that affected many countries worldwide. Could Donald Trump’s tariff race with China lead to a similar outcome?

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