Monday, August 5, 2019

With China a 'manipulator,' heightened pressure on Fed to ease

Federal Reserve Chair Jerome Powell, who last week cut U.S. interest rates as an insurance policy against the effects of "simmering" trade tensions, may need to buy more coverage after the United States late on Monday designated China a currency manipulator.


from Reuters: Money News https://ift.tt/2M5Ch1J
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