Prices In China Are Falling: This Is Why You Should Be Worried | Money Mind | Economy

Name: Prices In China Are Falling: This Is Why You Should Be Worried | Money Mind | Economy
Uploaded: 2024-04-20T13:10:04+08:00
Description: Prices In China Are Falling: This Is Why You Should Be Worried | Money Mind | Economy

Category：hotcomm

2024-04-20

Category Latest News

21st Century Business Herald reporter Ye Maisui reports from Guangzhou The market speculates that the Federal Reserve may continue to implement its hawkish style in July, and the "big stick" of raising interest rates beyond expectations has been raised high. On July 5, local time - DayDayNews
Previously, in order to curb the most serious high inflation in 40 years, the Federal Reserve raised the benchmark interest rate by 75 basis points in June, which was the largest single interest rate increase in 25 years. - DayDayNews
The euro fell to a 20-year low against the dollar. The U.S. dollar index rose, rising by more than 0.85% during the day and now trading at 106.10, continuing to hit a new high since December 2002. - DayDayNews
Recently, under the guidance of supervision, many joint-stock banks have lowered the interest rates on medium and long-term certificates of deposit, with one bank lowering it to 2.9%. More small and medium-sized banks may follow suit. Brokerage China reporters learned that many b - DayDayNews
We all know that raising U.S. interest rates is a decision made by the Federal Reserve. The picture above is the organizational chart of the Federal Reserve, with Congress at the top, then the Federal Reserve Board in the center, the Federal Open Market Committee on the left, and - DayDayNews
Just at the beginning of this year, the Federal Reserve and Wall Street predicted that U.S. inflation could be maintained at around 2% this year, and that the Dow Jones and other indexes could rise by another 5%. But now, the U.S. inflation rate has soared to 8.6%, and the Nasdaq - DayDayNews
In the context of higher-than-expected inflation, the Federal Reserve announced a 75 basis point interest rate hike in the early morning of June 16, 2022, Beijing time, the largest rate increase in 28 years. - DayDayNews
Ukrainian Prime Minister Shmigal even quoted that Ukraine's reconstruction would cost US$600 billion. According to Bloomberg, the United States and Europe have frozen about half of the Russian central bank’s $640 billion in foreign exchange reserves. - DayDayNews
Although the conflict between Russia and Ukraine continues, as the situation in Kiev subsides, the Ukrainian government has begun preparations for reconstruction. Late last month, Ukrainian President Zelensky signed a presidential decree announcing the establishment of the Nation - DayDayNews
Against the background of the economic confrontation between Russia and the West, Ukraine's economic claims have become much more inconspicuous. However, as a chess piece and chessboard in international politics, Ukraine has the heart of a chess player. - DayDayNews

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