St Louis Fed's Poole on Chinese growth

In the speech 'Chinese growth: A source of U.S. export opportunities' given on 31 July William Poole of the Federal Reserve Bank of St. Louis said the growth of the Chinese economy will provide U.S. firms with important export opportunities and U.S. workers with more and better-paying jobs.

Poole said the data since June 29 "are tipped in many negative respects, both in respect to growth, real growth, employment and the inflation front."

The economy is pulling in two different directions, with

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