Dollar rallies after Fed dampens rate-cut outlook, Coffee king's death fuels anger in India, Beijing pumps billions more into infrastructure
Donald Trump is pressuring the Fed to stave off a sharp economic downturn as he seeks reelection in 2020. The feelgood effects of his $1.5 billion program of tax cuts are due to run out soon, so what can he do?
The US central bank has raised interest rates once again — not to annoy the American president, but to prepare for an uncertain and bumpy economic future.
Global trade spats, rising interest rates and Brexit uncertainty have helped most stock indices to their worst year in a decade. Recession fears for 2019 could mean more significant drops, especially for tech stocks.
Central and eastern European economies are said to be decoupling from western Europe as consumption-led growth replaces the export-driven model. But will domestic spending suffice to fend off a slowdown in the eurozone?
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