The central bank is ready to respond to a slowdown – or “material reassessment.” That is the critical part from the prepared remarks that Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, has prepared for his testimony. The Fed is content with the current state of the US economy and with its policy – but is ready to cut interest rates once again. That may happen in 2020.
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US Trade War Exposes Cracks in China’s Economy
China’s economy has seen better days. Premier Li Keqiang has gone on a whistle-stop tour to cajole Communist Party cadres, as well as holding discussions and panel meetings with academics and economists.
The World’s Largest Trade Deal Could be Signed in 2020
After more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world’s largest trade agreement in 2020.
UK Brexit Part Leader Farage: I Was Very Unhappy With The Brexit Deal Agreed By PM Johnson
UK Brexit Part Leader Farage: I Was Very Unhappy With The Brexit Deal Agreed By PM Johnson.
Donald Trump: Trade talks moving along ‘very nicely’, but deal has to be right
US President Donald Trump said on Saturday that trade talks with China were moving along “very nicely,” but the United States would only make a deal with Beijing if it was the right deal for America.
Ayodhya Verdict Has Brought a New Dawn, PM Modi in Address to Nation – Gold Silver Reports
Prime Minister Narendra Modi today addressed the nation after the Supreme Court earlier in the day delivered the Ayodhya verdict. The Supreme Court, in a unanimous verdict earlier today, cleared the way for the construction of a Ram temple at the disputed site in Ayodhya and directed the government to allot a five-acre plot to the Sunni Waqf Board for building a mosque.
White House plan to Roll Back China Tariffs Faces Fierce Internal Opposition
An agreement between the United States and China to roll back existing tariffs as part of a “phase one” trade deal faces fierce internal opposition in the White House and from outside advisers, multiple sources familiar with the talks said.