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The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” …
The news broke that Trump is escalating his underhanded attacks on the Federal Reserve: NYT: Federal prosecutors open probe into Fed chair Powell amid renovation …
Summary: Powell says DOJ threatened criminal indictment Grand jury subpoenas served on Friday Issue linked to Senate testimony on Fed renovation Powell calls move unprecedented …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
Summary: NYT reports federal prosecutors have opened a probe involving Fed Chair Powell Specific allegations and scope are unclear from the headline alone Context includes …