4min chapter

First Move with Julia Chatterley cover image

Feature interview: China finance expert Michael Pettis

First Move with Julia Chatterley

CHAPTER

Introduction

The latest Federal Reserve minutes suggest the US central bank may be poised to reduce the magnitude at least of upcoming rate hikes. Power is slowly returning to some homes in Ukraine after further massive attacks on the country's energy infrastructure. Chinese stocks falling a quarter of a percent today as cases rose to all-time highs. The death toll, too, has risen to 10 after Russian strikes across the country on Wednesday that plunged thousands of homes into darkness and left many without water. And EU miniatures have failed to agree on proposals to cap gas prices by the European Commission.

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