Jerome Powell

New Business

Why Trump’s Federal Reserve pick is raising alarm over central bank’s independence

US President Donald Trump’s nomination of his top economic adviser to the Federal Reserve Board could strengthen the White House’s…

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New Business

As China defuses its time bomb of debt, US hears the ticking intensify

Concerns over China’s local-level debt have long loomed large in international discourse, with a mountain of “hidden” debt viewed as…

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New Business

Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the…

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New Business

Hong Kong stocks waver as investors search for catalysts to drive momentum

Hong Kong stocks wavered on Thursday after China pledged to curb “irrational competition” in the electric vehicle (EV) sector, while…

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New Business

Chinese sellers bracing as Amazon Prime Day sale could put weight of US tariffs on display

Ahead of Amazon’s annual Prime Day sales event, Chinese sellers are already walking a tightrope as they try to strike…

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New Business

HKMA keeps base rate steady in lockstep with Fed’s defiance of Trump’s push amid trade war

The HKMA maintained the base rate at 4.75 per cent on Thursday after the Fed left its target in a…

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New Business

US Federal Reserve’s Powell may defy Trump’s pressure and hold interest rates steady

Things are getting awkward for the Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady…

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New Business

The View | Trump could upend the US economy just as China is recovering

In my research, I have found that market narratives inspire periodic, cyclical and seasonal regularities in asset prices at certain…

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New Business

China’s yuan volatility rising on interest rates, US presidential election: Goldman

The volatility of the Chinese yuan’s exchange rate with the US dollar is set to rise in the near term…

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New Business

Hong Kong is poised for 2,800 new flats as developers await rate cuts to unleash inventory

Fed chairman Jerome Powell gave the strongest hint of a reduction in rates, which are at a 23-year high, during…

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