- From investors.com|9 hr ago
The Federal Reserve interest-rate forecast issued this week was more hawkish than almost anyone imagined. Despite what chair Jerome Powell acknowledged as three straight good inflation reports, policymakers now expect to hold their key rate a half-percent higher through 2024 than they envisioned in June. With the Fed still indicating one more hike is likely ...
- From channelnewsasia.com|44 hr ago
The European Union has no intention to decouple from China but needs to protect itself in situations when its openness is abused, the bloc's Executive Vice-President Valdis Dombrovskis said on Saturday (Sep 23). The bloc posted record bilateral trade with China last year, but it is "very unbalanced", he said in a speech at the annual Bund Summit conference ...