Continuing Worry about China’s Economy and an Equivocal Remark from the President of the N.Y. Federal Reserve

Equities fell on Friday by 1.3% in Hong Kong, 1.2% in Japan, 0.8% in New Zealand, 0.4% in Indonesia, and 0.2% in China. Japanese GDP growth between the first and second quarters was revised downward from 6.0% at an annualized rate to 4.8%. Compared to 2Q 2022, however, GDP rose just 1.6%, little better than […]