China to boost new forms, models of foreign trade to develop new competitive edge

China will accelerate the development of new forms and models of foreign trade to push forward its upgrading and foster new competitive strengths, the State Council's executive meeting chaired by Premier Li Keqiang decided on Tuesday.

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U.S. Fed to maintain ultra-loose policy as economic recovery far from complete

Economists at Wells Fargo Securities believed that the U.S. labor market would need to "strengthen significantly" before the Fed starts to publicly contemplate a tapering of asset purchases.

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U.S. Fed chief says “not time yet” for tapering talk despite strengthening recovery

The Fed acknowledged that the ongoing public health crisis "continues to weigh" on the economy, and risks to the economic outlook "remain," though indicators of economic activity and employment "have strengthened."

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