Several of the questions directed at Jerome Powell at his Wednesday afternoon news conference boiled down to this: Why did you just cut interest rates when, by your own acknowledgment, the American economy looks perfectly […]
WASHINGTON, July 31 (Reuters) – The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted U.S. inflation, and signaled a readiness to lower […]
TAIPEI, Taiwan — The Chinese government announced on Wednesday that it would temporarily stop issuing individual travel permits to Taiwan, a move that appears intended to influence the politics of the self-governing island ahead of […]
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