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Don Lee

Don Lee covers the U.S. and global economy out of Washington, D.C., for the Los Angeles Times.
By appearing to buckle to Trump on rates, is the Fed chief creating problems down the road?

Federal Reserve Chairman Jerome Powell said downside risks to the economy remain with trade wars softening business investment and weak inflation.

Casualty of trade war: Chinese investments in U.S. grind to a halt, blocking new jobs

Investments in the U.S. from China are one of the biggest casualties of a yearlong trade war. The truce Presidents Trump and Xi declared won't change that.

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