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Economic Crossroads: US and China's Challenges
This chapter analyzes the implications of the US Federal Reserve's consecutive interest rate cuts amidst inflation concerns linked to new presidential policies. It contrasts the economic landscape of China grappling with deflation and ineffective consumer stimulus measures, with insights on the global repercussions of these challenges. The discussion further explores the complexities of the US dollar's position as a reserve currency and the distinctive struggles within the British housing market.