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rall inflation ▓and inflation for items▓ other than food and energy are running below the Fed's 2 pe▓rcent objective, the Fed chairman said, not▓ing that total personal consum▓ption expenditures (PCE) inflation was 1.4 per▓cent and core inflation was ▓1.8 percent.The ▓U.S. economy expan▓ded at an annual rate▓ of 1.9 percent in the third q▓ua

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rter of the year, slight▓ly lower than the 2-percent▓ growth rate in the second quarter, the Commerce De▓partment reported ear▓lier on Wednesday. This marks a further deceleration from the first quarter's 3.1 percent growth rate.Person▓al consumption expen▓ditures, which account for more than ▓two thirds of the overall economy, grew at an annu▓al rate of 2.9 percent in the third quarter, lower than the 4.6 percent growth pace in the second ▓quarter. Nonresidential fixed

invest▓ment, meanwhile, fell at an annual rate of 3 p▓ercent in the third quarter, following a contraction of 1 percent in the previous quarter.Two members of the 10-person committee voted against the decision to cut rates. Federal Reserve Bank ▓of Boston President Eric Ro▓sengren, and Kansas City Fed President▓ Esther George "▓preferred" to maintai▓n the target range for ▓the federal fun▓ds rate at the previous▓ level.Please scan the QR ▓Code to follow us on ▓InstagramPlease scan the QR Code to follow us on We▓chatChinese ambassa▓dor to the United Nations ▓Z

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hang Jun on Tuesday told the U.S. and other Western countries to stop interfering in China's domestic affairs after they accused China of mistreating ▓people of Uygur ethni▓c group in Xinjiang.China refutes U.▓S. criticism over Xinjian

g at the UNChina refutes U.S. criticism over Xinjiang at the UN10-31-2019 09:51 BJTChinese ambassador to the Unite▓d Nations Zhang Jun on Tuesday told the U.S. ▓and other Western countries to stop interfering in China's

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stagramPlease scan the QR Code to follow us on WechatU.S. Federal Reserve on Wednes▓day lowered interest r▓ates by 25 basis points amid a further slowdown in U▓.S. economic growth, the central bank's thi▓rd rate cut this year▓.U.S. Fed cuts interest ▓rates for third ▓time this year as economy▓ slowsU.S. Fed cuts▓ interest rates for third ti▓me this year as

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setting up voc▓ational centers in▓ Xinjiang, saying local governments were detaining people from▓ the ethnic group. Describing those claims as "groun

▓dless accusations," Zhang said the vocat▓ional centers are preventive counter-terrorism and de-extremism measures adopted by lo▓cal governments. It is not a human rig▓hts issue nor does it have ▓anything to do wi▓th racial discrimin▓ation, Zhang said.▓The U.S. and other Western countries should stop meddling with China's internal affairs, he added. Zhang's remark▓s were jointly de▓fended by over 30 countries. Diplomats from countries▓, including Russia,

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  • S. economy strong in the face of global de▓velopments and to provide ▓some insurance against ongoing risks," Fed C▓hairman Jerome Powell to▓ld reporters at a press conferen
  • ce Wedn▓esday afternoon, highlighting the risks of slowing global growth, trade▓ policy development?/li>
  • 坰, as well as muted inflation pressu▓re.Despite strong