
Xu Qiyuan
Senior Fellow and Deputy Director of the Institute of World Economics and Politics, Chinese Academy of Social Sciences
Xu Qiyuan is Senior Fellow and Deputy Director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences.
May 02, 2025
History may rhyme, but the economic drama now unfolding in the United States defies historical reason. When the US Federal Reserve’s technocrats collide with an inexperienced and capricious presidential administration, conventional macroeconomic tools quickly become impotent.