The Bank of Japan announced its decision to end negative interest rates on Tuesday, marking a major shift from years of unprecedented monetary easing.
At a two-day monetary policy meeting starting on
Tag: economists
Yearender: 2023 witnesses more economic, political, social chaos in U.S.
Representatives cast their votes for House Speaker in the House chamber in Washington, D.C., the United States, on Oct. 18, 2023. (Photo by Aaron Schwartz/Xinhua)
If asked to describe U.S. politics fo
Pulse on China’s economy: Consumption, biggest growth driver, remains solid, defying ‘ghost town’ claims
A recent article from US news magazine Newsweek, entitled \”Has China\’s Shanghai Turned Into \’Ghost Town\’? What Photos Show\” citing a user of social media platform X and photos he posted which suggeste
U.S. factory orders drop in July
WASHINGTON, Sept. 6 (Xinhua) — U.S. factory orders took a hit in July, dropping 2.1 percent, according to data released from the Department of Commerce this week.
The slide was not as bad as the 2.3
Stocks fall on European markets as fears of U.S. debt default grow
ROME, May 24 (Xinhua) — Fears of a potential United States government loan default weighed heavily on European Union (EU) financial markets on Wednesday, with major stock exchanges down across the co
U.S. inflation, Fed\’s key interest rate to stay high this year: survey
NEW YORK, May 23 (Xinhua) — The median forecast for U.S. inflation stands at an average of 4.2 percent this year, up from a previous 3.9-percent forecast in February, a group of business economists p