ECONOMY & MARKETS

3 Takeaways From The December FOMC Meeting

Federal Reserve Board Chair Jerome Powell speaks about the U.S. economy and Fed interest rate plans during news conference following Federal Open Market Committee (FOMC) meeting in Washington
The December FOMC meeting is over, the policy statement is out, and Fed chair Jerome Powell has provided his views about the future direction of monetary policy for 2023.
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The Chinese national flag is seen in Beijing, China

Will China Ever Become A Developed Country?

A technological leap is critical for emerging market economies to overcome two problems they encounter after years of reliance on foreign technology and cheap domestic labor for growth: the middle-income trap and the Lewis point.

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