The Chinese economy’s sheer size and rapid growth are impressive. China maintained one of the highest economic growth rates in the world for more than a quarter of a century, helping lift over 800 million people out of poverty in just a...
·11 months ago
The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, ...
·12 months ago
A stronger dollar tightens trade financing conditions, constraining access to financing for firms. This offsets any improvement in export competitiveness, further dampening foreign trade
·over 1 year ago