The WSJ’s By Nick Timiraos with the article: Trump is signaling that he will blame the Federal Reserve for any economic weakness that results from […]
PBOC sets USD/ CNY reference rate for today at 7.2074 (vs. estimate at 7.2925)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). […]
ICYMI – China pulls back from U.S. private equity
ICYMI, the Financial Times carried a report on the holiday Monday, in brief: China’s state-backed funds are pulling back from investing in the funds of […]
Moody’s Zandi says Trump’s policies set to severely diminish the economy for years
This is via Chief Economist at Moody’s Analytics, Mark Zandi: The Trump administration’s policies are set to severely diminish the economy, not only for the […]