Federal Reserve Holds First Meeting Under Trump’s Second Term
The U.S. Federal Reserve began its first meeting under President Donald Trump’s second term to address potential interest rate changes in the fight against inflation.
Inflation
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China’s CPI Rises 0.1% in December 2024; PPI Decline Narrows
China’s CPI rose 0.1% year on year in December 2024, signaling steady consumer demand. The PPI decline has also narrowed, indicating improved conditions in the industrial sector.
China’s CPI Rises 0.2% in 2024, Indicating Stable Economic Growth
China’s CPI rose 0.2% year on year in 2024, signaling stable economic growth and controlled inflation, official data shows.
U.S. Economy in 2024: Robust Growth Amid Elevated Risks
The U.S. economy in 2024 has outperformed expectations with robust growth, but analysts warn that inflation and tariffs could pose significant risks heading into 2025, impacting Asian economies.
Putin Affirms Russian Economy’s Stability Amid Inflation Concerns
Russian President Vladimir Putin declares the economy stable despite external pressures but acknowledges rising inflation as a concerning signal during his end-of-year press conference.
Analyst Predicts More Direct Stimulus to Boost China’s Domestic Demand
Analyst Ameel Ahmad predicts that China may introduce more direct stimulus measures to boost domestic demand, as consumer prices hold steady and producer prices decline amid global economic challenges.
China’s November CPI Rises 0.2% Amid Slower Food Price Increases
China’s consumer price index rose 0.2% year on year in November, down from October’s 0.3%, due to slower food price increases.
China’s CPI Rises 0.2% in November, Indicating Stable Inflation
China’s consumer price index (CPI) rose by 0.2% year on year in November, indicating stable inflation and a steady economic recovery, according to the National Bureau of Statistics.
Economist Richard Wolff Warns Trump’s Tariffs on China Will Spike US Inflation
Economist Richard Wolff warns that President-elect Trump’s proposed tariffs on the Chinese mainland could backfire by causing a surge in US inflation, impacting American consumers and businesses.
Communities Unite as Many Americans Struggle with Grocery Costs During Thanksgiving
Many Americans are facing higher grocery prices this Thanksgiving, with the traditional feast still costly despite slight decreases. Communities are uniting to ensure everyone can share in the holiday meal.
China’s Consumer Prices Show Stable Growth in October Amid Economic Recovery
China’s consumer prices rose by 0.3% in October, reflecting stable growth amid an economic recovery. Falling energy prices and steady food prices contributed to mild inflation, signaling balanced economic progress.
Inflation Tops Concerns as U.S. Election Nears
Inflation emerges as the top economic concern among Americans as the U.S. presidential election approaches, with voters worried about their financial future regardless of the election outcome.
IMF Warns of Geopolitical Risks Threatening Global Economic Stability
Despite receding inflation and better-than-expected growth, IMF and World Bank leaders warn that geopolitical risks threaten global economic stability.
China’s Consumer Prices Rise Moderately in September Amid Stimulus Policies
China’s consumer prices rose moderately in September, with the CPI increasing by 0.4% year on year. Experts predict market demand will rise following new economic stimulus policies.
China’s Consumer Prices See Moderate Rise in September Amid Stimulus Efforts
China’s consumer prices saw a moderate rise in September, indicating potential growth in market demand amid new economic stimulus policies.
China’s August CPI Rises Amid Extreme Weather; Producer Prices Decline Further
China’s consumer prices rose in August due to extreme weather, while producer prices fell further amid weak demand and falling commodity prices, signaling complex economic challenges ahead.
Former Central Bank Leaders Discuss Global Monetary Policies at Shanghai Summit
At the 2024 Bund Summit in Shanghai, former central bank officials from the U.S., Japan, and Europe shared insights on monetary policies amid uncertain economic outlooks.
Fed Chair Powell Signals Possible Rate Cut Amid Easing Inflation
U.S. Federal Reserve Chair Jerome Powell signals a possible interest rate cut in September amid easing inflation, speaking at the Jackson Hole Economic Policy Symposium.
China’s CPI Rises 0.5% in July, Indicating Inflation Rebound
China’s CPI rose 0.5% year on year in July, signaling an inflation rebound driven by seasonal factors, according to NBS data.
China’s CPI Rises by 0.5% Year-on-Year in July
China’s consumer price index (CPI), a key measure of inflation, increased by 0.5% year-on-year in July, according to the National Bureau of Statistics. The modest rise indicates steady economic activity.