markets

TikTok aside, Congress has its eye on the U.S. money going into China

BEIJING — The U.S. Congress increasingly has its eye on American capital that’s allegedly funded China’s military development, indicating that…

Fed raises GDP and inflation outlook, while keeping rate cut forecast

Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…

European Central Bank’s Lagarde signals June cut but says future rate path uncertain

European Central Bank chief Christine Lagarde on Wednesday reiterated that policymakers will consider bringing interest rates down in June, but…

EU-China trade relations are in a ‘slow-motion train accident,’ business group says

BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China’s growing ability to manufacture more cheaply…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…