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Interest rates have soared since the start of 2022, as the Federal Reserve sought to delicately tame inflation without derailing the economy by hiking rates. Since its last interest rate hike in July, it seems the Fed has made solid progress in lowering inflation without hurting the labor market and broader economy. This has spurred many analysts on Wall ...

The answer, of course, is that both are extremely important. But the reason for asking the question is that there is a connection between the two. The Biden-Xi meeting could be dismissed as consisting of just a photo opportunity and some minor agreements – but that would be to miss the point. It was actually quite significant for what it indicated about the ...