The Fed governors should further clarify if there will be more key interest rates in the upcoming months and how reliant the FOMC will be on economic reports.
As China’s economic stability continues to deteriorate, Evergrande’s delisting from the Hong Kong Stock Exchange signals the end of the ‘China Miracle.’
Because past efforts to accelerate consumer spending have failed, Beijing has begun to consider more radical changes, including an alteration in the tax code.
The Fed governors should further clarify if there will be more key interest rates in the upcoming months and how reliant the FOMC will be on economic reports.
As China’s economic stability continues to deteriorate, Evergrande’s delisting from the Hong Kong Stock Exchange signals the end of the ‘China Miracle.’
Because past efforts to accelerate consumer spending have failed, Beijing has begun to consider more radical changes, including an alteration in the tax code.