India's strikes, Russian explosives, the Fed and tax cuts

India keeps up the biggest strikes in Pakistan in decades. Russia is building a huge new explosives facility in Siberia. The Federal Reserve holds interest rates steady and says risks of inflation and unemployment have risen. And Republicans are struggling to figure out how to pay for Trump’s 2017 tax cuts and make them permanent. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices