A woman walks through Shanghai’s Lujiazui financial district. As China’s economic growth slows, the Federal Reserve has put its interest-rate-hiking campaign on hold. Photo: AFP
Opinion
Opinion
Macroscope
When the Fed is worried about China, it’s no time to get carried away by Sino-US trade talks
- Nicholas Spiro says the bond market, where the smart money is, thinks the newly dovish Fed is too optimistic about US growth. Meanwhile, 2019 is starting to look like 2016, when China’s softening economy caused concern among US policymakers
A woman walks through Shanghai’s Lujiazui financial district. As China’s economic growth slows, the Federal Reserve has put its interest-rate-hiking campaign on hold. Photo: AFP