Federal Reserve Chair Jerome Powell, who last week cut U.S. interest rates as an insurance policy against the effects of “simmering” trade tensions, may need to buy more coverage after the United States late on Monday designated China a currency manipulator.
— Read on www.reuters.com/article/us-china-markets-fed/with-china-a-manipulator-heightened-pressure-on-fed-to-ease-idUSKCN1UW054
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