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China Halts New Battery Factories on Capacity Concerns: Caixin

China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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The Fed's credibility depends on resisting politics, not playing it

At Jackson Hole last month, all eyes were on Federal Reserve Chair Kevin Warsh in his first speech at the Fed’s annual conference. But all thoughts were about the Fed’s rate decision next week.

  • Federal Reserve Chair Kevin Warsh's speech overshadowed by upcoming rate decision
  • Harvard economist Kenneth Rogoff advises postponing decision after midterms
  • Maintaining independence is crucial, not playing politics, according to Rogoff

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