Fed policymakers will deliver a crucial update to their economic outlook at a Sept. 19-20 meeting, when they are expected to leave their policy rate unchanged at 5.25% to 5.5%.
Retail activity in the country has dropped for a fourth straight month in August and the sentiment is at its lowest level since March 2021.
The Chinese central bank lowered its prime lending rate to 3.45 percent from 3.55 percent on Monday.
The company made the Chapter 15 bankruptcy protection filing in a New York court, enabling it to protect its US assets even as it works out a restructuring of its debts.
Kiyosaki's views on the US economy and the unseemly debt burden that increases by the day were echoed by Fitch Ratings, which cut the US credit rating.
The latest developments indicate that the property market difficulties are impacting China's huge shadow banking industry.
The Russian central bank's decision to raise the rates came after a ranking Kremlin adviser criticized the bank for ruble's decline.
The Bank of Russia has pointed out that Moscow's shrinking balance of trade is the cause of the ruble's decline.
The latest inflation reading shows that China is the first G20 country to report a year-on-year decline in consumer prices in the last two years.
Nonfarm payrolls in the country increased by 187,000 jobs in July, Labor Department data showed on Friday.
According to Fitch, the protracted political standoffs over the debt limit deal dented confidence in the government's fiscal management.
Many homeowners are locked into their current properties because they have a mortgage rate that's well below the prevailing one and so are reluctant to sell.
Gross domestic product (GDP) in the 20-member euro currency zone expanded by 0.3 percent in the second quarter, beating economists' estimate of 0.2 percent growth.
Supporting the price data, it was also reported that the rise in labor costs were also at the slowest pace in two years.
This impressive progress stands in stark contrast to 1999 when Russia's external debt-to-GDP ratio hit its highest peak at a staggering 91 per cent.