US Fed chair says in no rush to tweak interest rate policy

Washington (AFP) – Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country’s economy maintains resilient growth and a relatively strong labor market.

US Federal Reserve Chair Jerome Powell testifies during a semi-annual Senate Banking Committee hearing on monetary policy

Virus disinformation drives anti

Hong Kong (AFP) – A deluge of disinformation about a flu-like virus called HMPV is stoking anti-China sentiment across Asia and spurring unfounded concerns of renewed lockdowns, despite experts dismissing comparisons with the Covid-19 pandemic five years ago.

Online disinformation about the flu-like human metapneumovirus (HMPV) is fueling anti-Beijing sentiment