The Fed’s easing cycle — and the more favorable external environment that it provides — creates an opportunity to address deflation and revive domestic market...
China’s latest economic stimulus measures are likely to provide only a temporary boost: much more fundamental change is needed to shift the country’s growth higher.
Those who argue that U.S. policymakers “allowed” China to rise too easily may overestimate Washington’s power. That misjudgment has implications for future American policy.
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