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Anderson DongCarol LiaoKe Tang

Down, Not Out: 5 Things to Know About China's Power Crunch

Blacked out homes, unlit streets, and factory shutdowns – China has been gripped by its worst power shortage in decades since mid-August, leading to electricity rationing in many provinces. Power cuts have disrupted many households and industries in the country, from the manufacturing hubs of

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Tiffany Wilding

October U.S. CPI Adds Pressure to Fed Policymaking

Another firmer-than-expected U.S. CPI (Consumer Price Index) inflation report for October 2021 strongly suggests that U.S. Federal Reserve officials will pull forward their expected timetable for raising the policy rate in an effort to manage the risk that long-term inflation expectations accelerate as a result

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Tiffany WildingAllison Boxer

Inflation Risks Put the Fed in an Uncomfortable Place

As expected, the U.S. Federal Reserve announced the first reduction in its monthly pace of bond purchases at the November FOMC (Federal Open Market Committee) meeting, while also admitting that the outlook for inflation is more uncertain. Markets responded calmly to the news but looking

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