BY CHRIS TAYLOR
Beijing knows ‘there is no bailout too big to avoid a crisis,’ which would bring down the ruling Communist Party government
BY GORDON WATTS
PBOC Governor Yi Gang has had to fight ‘fires’ on numerous fronts in his first eight months in the job
Peter Ireland, E21
President Trump criticized the Federal Reserve again last week, singling out the central bank as the “biggest threat” to his administration’s success. Earlier, he accused the Fed of having “gone crazy” by raising interest rates too quickly. Many long-time Fed watchers were taken aback by these candid remarks, since previous Presidents have deliberately refrained from commenting on the Fed’s policy actions. Read more here....