Chinese provinces are nearing a milestone in Beijing’s plan to refinance their crushing debts, allowing local officials to refocus efforts on raising funds for infrastructure projects despite limited room to offer more support to the economy.
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Chinese provinces are nearing a milestone in Beijing’s plan to refinance their crushing debts, allowing local officials to refocus efforts on raising funds for infrastructure projects despite limited room to offer more support to the economy.
Kevin Warsh is about to make his first appearance before Congress as Federal Reserve chairman, and during two days of testimony he’ll have new US inflation data to parse with…
For the first time in recent history, primary dealers have gone net short on debt they used to hold billions of dollars of.