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The rebound in core inflation in the United States is difficult to avoid the Federal Reserve or only one way to raise interest rates
The US consumer price index excluding food and fuel is expected to rise 0.3 per cent for the second month in a row. Economists favor the index as a better indicator of underlying price pressures. On a ... -
Conflict in the Middle East poses a new risk to the global economy: inflation could rise again
As central banks continue to grapple with the economic fallout from the coronavirus pandemic and the Russia-Ukraine conflict, conflict in the Middle East could pose new risks to the global economic ou ... -
The Fed "let the eagle", the dollar strengthens, the United States reaps global wealth, but the world economy headaches?
Wang said financial news: The Fed put eagles, the US dollar index soared, but the global economy is very "headache", why do you say so? Just this week, Federal Reserve Bank of Cleveland President Lore ... -
Will the US housing market crash? Bank of America: Not a repeat of 2008, but turbulence is inevitable!
Economists at Bank of America are dispelling fears of a 2008 housing crash. However, they say the current market does have "deja vu" that reminds them of 40 years ago - the 1980s. Bank of America note ... -
Japan could face another lost decade
Since the collapse of the bubble economy in the 1990s, Japan has been stuck in a period of stagnant growth and weak corporate competitiveness, which is known as the "lost 30 years." Many experts have ... -
Is China keeping its promise not to build new coal plants overseas?
Global climate activists applauded China's pledge two years ago to stop building new coal plants overseas, but Beijing's decision to go ahead with some projects has raised questions about whether the ... -
After Evergrande's latest turmoil, the Newton Group suspended its investment in Evergrande
Troubles at troubled property developer China Evergrande Group (3333.HK) have cast a shadow over Nasdaq-listed Newtown Group's (NWTN) investment in its electric vehicle unit. China Evergrande New Ener ... -
Us jobs data raise expectations of further rate hikes Summers warned of increased risks of a "hard landing" for the economy
A better-than-expected report on U.S. jobs could nudge the Federal Reserve toward raising interest rates again before the end of the year. The Bureau of Labor Statistics reported that nonfarm payrolls ... -
A near collision between Chinese and Philippine ships in the South China Sea has highlighted the heightened risk of a dispute between the two countries
A Chinese coast guard ship came within feet of a Philippine vessel it was trying to intercept in the disputed South China Sea, ina sign that Beijing is beginning to take a more assertive approach in t ... -
National Day holiday 35 Chenglou city turnover down about 20%
Macroeconomic policies "Double Festival" holiday economy fever According to the Ministry of Culture and Tourism, during the eight days of the Mid-Autumn Festival and National Day, the number of do ...