China’s Central Bank progressively under Beijing dictates

China 12/20/21, 21:34

China's Central Bank is increasingly under Beijing's mandates and losing its special economic status as its policies become affected by political pressures, a Vision Times analysis published on Dec. 18 concluded.  To support that argument, the analysis brought about the recent example of contradictory mandatory reserve policies of the People's Bank ...

Fed Chairman Powell urges plain speaking at Fed

Business 02/06/19, 20:31

Federal Reserve Chairman Jerome Powell said Wednesday that he has used his first year as chairman to make sure the central bank deserves the trust of the American people, especially at a time when people are losing faith in big institutions. Powell acknowledged that at the moment "we are paddling against ...

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