US Economic Recovery Has Likely Peaked

The U.S. economy has likely reached its growth peak in the second quarter of the year, driven by the impact of strong fiscal stimulus and the reopening of the economy following the pandemic-induced recession. U.S. […]

China’s Cabinet Signals RRR Cuts to Support Real Economy

China will use monetary policy tools including cuts in its bank reserve requirement ratio to support the real economy, especially small and medium-sized enterprises, the State Council said on Wednesday. China will avoid “flood-like” stimulus […]