ear, Powell said. "Sluggish gr▓owt

ent with Chin

id, noting that to▓tal personal consumption expendit▓ures (PCE) inflation was 1.4 percent▓ and core inflation ▓was 1.8

a in November, but no

altern▓ate location h▓ad yet been set for the two leaders to me

percent.The U.S. economy expanded at an an▓nual ra

  • et.U.S.▓ offici
  • als h▓ave repeat
  • edly expressed hope 
  • in signing an i
  • nter▓im trade d▓
  • eal with China durin
g the Novemb

er 16-17 APEC summ▓

it in Chile.Please scan the QR Code to follow u▓s on InstagramPleas

te of▓ 1.9 percent in the third qu▓arter of the year, slightly lower th▓an the 2-percent growth rate i▓n the second quar▓ter, the Commerce Department reported earlier on Wednesday. This marks a further deceleratio▓n from the f▓irst quarter's 3.1 percent ▓growth rate.Persona▓l consumption expenditures, which account for more than two thirds ▓of the overall economy, ▓grew at an annual▓ rate of 2.9 percent in the third quarter, lower than the 4.6 percent growth▓ pace in the second▓ quarter. Non▓residential▓ fixed investment, ▓meanwhile, fell at an annual ▓rate of 3 percent in the third▓ quarter, foll▓owing a con▓traction of 1 percent in the previous quarter.Two members of the ▓10-person co▓mmittee vo▓ted against the decision to cut rates. Federal Res▓erve Bank of Bosto▓n President Eri

  • year.U.S. Fed
  •  cuts interest rates for t
  • hird time this yea
  • r as e▓conomy s
  • lowsU.S. F▓ed cut
  • s in▓terest rat▓es f
or third ti

me this year as eco

nomy slows10-31-2019 09:51 BJTWASHINGTON, Oct. 30 ▓-- U.S. Federal

c R▓osengren, and Kansas City Fed Pre▓sident Esthe

  • Reserve ▓on Wed
  • nesday lowe▓red i
  • nterest rate▓s by 25
  • bas▓is points 
  • amid a fur▓ther
  • slowdown in U.▓S. eco
nomic growth

▓, the central bank's third rate cut this

year.The Fede

ral▓ Open Mar

r George "pref▓erred" to maintain ▓the target ran▓ge for the federa▓l funds rate at the previous level.Plea▓se scan the QR

ket Committee (FOM

Code▓ to follow us on InstagramPlease scan the QR Code to fol▓low us on Wecha▓tChinese a▓mbassador to the United Nations Zh▓ang Jun on Tuesday ▓told t

C), the▓ Fed's

rate-▓setting body,

he U.S. ▓and other Western countries to▓ stop interfering in China's domestic affa▓irs after they accused China of mistreating p▓eople of Uygur ethn

trimm▓ed the t

arget for ▓the fede

ic group in Xinjiang.China refutes U.▓S. criticism over Xinjiang at the UNChina refu▓tes U.S. criticism▓ over Xinjiang at the UN10-31-2019 09:51 BJTC

ral fu▓nds rate

to a range ▓of 1.5

hi▓nese ambassador to▓ the United Nation▓s Zhang Jun on Tuesday told the U.S. and oth▓er Western ▓countries to stop interfering in China's domes▓tic a

percent to 1.

75 percent after c

ffairs▓ after they accused China of mistreating people of Uygur ethnic group in Xinjiang.The U.S., Brit▓ain and 21 other states criticized China a

oncluding▓ its

two-day polic▓y mee

t a UN▓ meeting for set▓ting up vocational centers in Xinj▓iang, saying local governments were detaining people from the ethnic group.▓ Describin

ting, l▓argely

in line w▓ith market

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