The Federal Reserve Board’s May 7 decision to leave interest rates unchanged wasn’t a surprise, but there may be surprises ahead. Markets are expecting the Fed to cut its benchmark interest rate a couple of times later this year from the current 4.25% to 4.5%. They could be right. But cuts aren’t the only possibility. […]
Tag: Unemployment
Posted inEconomy
China faces rampant unemployment
Posted inChina
