Tag: Trade tensions between US and China

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PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications

The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous...

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Elon Musk Supports Plan for Presidential Influence on Federal Reserve

Elon Musk, the CEO of Tesla and SpaceX, recently showed support for the idea of allowing presidents to have influence over Federal Reserve policy....