Trump Seeks Powell Rate Cut

This is a China news story, published by CNBC, that relates primarily to Austan Goolsbee news.

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monetary policy

CNBC

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Business

Business & Economics

CNBC Daily Open: Trump’s desire to intervene in Fed could cause chaos

Summary

Nutrition label

83% Informative

Economic activity might 'fall off’ in summer , Chicago Fed President Austan Goolsbee said.

The Trump administration could overhaul the U.S. State Department .

Fees on Chinese -built vessels will be imposed by the Trump administration.

Tesla and Alphabet are announcing first-quarter earnings this week .

Since releasing the plan, China has exceeded its goals on achieving domestic dominance in autos, but the country has not yet reached its targets in aerospace, high-end robots and the growth rate of manufacturing value-added the European Chamber of Commerce in China said in a report last week , citing its research and discussions with members. Out of ten strategic sectors identified in the report, China only attained technological dominance in shipbuilding, high-speed rail and electric cars..

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful