Markets are pricing a Fed rate increase this week despite President Trump's calls for much lower borrowing costs, setting up a potential showdown between Trump and Fed chair KEVIN WARSH. Economists warn that if the Fed does not raise rates at Wednesday's meeting its credibility could be damaged; official data have not shown the 'meaningful improvement' Warsh said he would need to avoid a hike. A first rate increase in three years, coming weeks before November midterm elections, risks political b

2026-09-14

Markets are pricing a Fed rate increase this week despite President Trump's calls for much lower borrowing costs, setting up a potential showdown between Trump and Fed chair KEVIN WARSH. Economists warn that if the Fed does not raise rates at Wednesday's meeting its credibility could be damaged; official data have not shown the 'meaningful improvement' Warsh said he would need to avoid a hike. A first rate increase in three years, coming weeks before November midterm elections, risks political backlash—Trump on Sunday said the US should have the 'world's lowest rates' and National Economic Council director Kevin Hassett warned, 'If it's a rate hike... I'm sure he won't be particularly pleased.'

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2026-09-13

On Sept 13 in New Delhi, CHINA attended the second-stage meeting of the 18th BRICS leaders' summit and delivered a speech urging Global South countries to defend the international rule of law, uphold sovereign equality, non‑interference and peaceful dispute resolution, and oppose double standards in applying international law and rules. CHINA called for firm support of multilateralism and UN authority, backed reforms to multilateral institutions and the WTO, and advocated reforming the internati

2026-09-13

沙特阿拉伯民防部門:海米斯穆謝特地區危險警報已解除。