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China's economy grows 18.3% in post-Covid comeback - BBC News
China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year. It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
Sales Boom May Be More Than Fleeting Flurry - WSJ
The big question on the economy is no longer whether demand is going to boom in the months ahead, but how long that boom will last. The answer will dictate everything from how quickly the job market recovers to how high inflation goes to how soon the Federal Reserve begins tightening policy. It will also influence which investments will make money and which will not.
Central Bank Will Begin Reducing Bond Purchases ‘Well Before’ Raising Interest Rates, Powell Says - WSJ
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank will begin to slow the pace of its bond purchases “well before” raising interest rates.