China's Economic Pain May Help Powell's Fed Rate Cuts
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China's economic slowdown may provide justification for Federal Reserve Chairman Jerome Powell to implement rate cuts. The article discusses how China's economic struggles, including a decline in manufacturing and exports, could have a ripple effect on the global economy. The author suggests that Powell may use this as an opportunity to lower interest rates in order to stimulate the U.S. economy and mitigate the impact of China's slowdown. The article also mentions the ongoing trade tensions between the U.S. and China, and how they contribute to the economic challenges faced by both countries. Overall, the article explores the potential implications of China's economic pain on the Federal Reserve's monetary policy decisions.



https://www.bloomberg.com/opinion/articles/2024-02-18/china-s-economic-pain-may-help-powell-s-fed-rate-cuts