China ’s Deflation Makes Jerome Powell’s Job Harder

As Federal Reserve Chairman Jerome Powell plots the next move by the most powerful central bank, he might want to confer with officials in Beijing. China slipped back into deflation in October. A mild drop into the red, admittedly—consumer prices fell just 0.2% year on year. But students of…#federalreserve #jeromepowell #beijing #apec #ustreasurydepartment #hongkong #imf #indonesia #thailand #malaysia
Source: Reuters: Health - Category: Consumer Health News Source Type: news