in assessing curr

ncreasing marketization China has achieved in reforming its exchange rate regime since 1994. The global financial market has experienced enormous fluctuations due to the rising trade tensions triggered by

  • he United States h
  • as long been using the excha
  • nge rate of its curr
  • ency to maintain its economic

Washington's moves to impose tariffs on China. The exchange rate of the RMB, on the basis of market demand, has been fluctuating in a wider range, showing increased flexibility. That's exactly what the United States has been pr

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essing for, but Washington seems to have forgotten about its constant requests, instead making incredible accusations against China and labeling the lat


ter a currency manipulator. The situation is absurd!In the meantime, for more than a year, President Donald Trump has been exerting pressure on the Federal Reserve for inte

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OCT 24, 2024
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rest rate cuts. The Fed eventually gave in and lowered interest rates for the first time in over a decade on Wednesday last week, despite the

OCT 19, 2024
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fact that it was widely believed that now was not the right time to cut rates. In a rare move, four former Fed chiefs, namely, Paul V〓olcker, Alan Greenspan, Ben Bernank


e and Janet Yellen, jointly published a paper, saying that "

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