BEIJING, May 1 (Xinhua) — At a volunteer tree-planting activity held last month in Beijing, Chinese President Xi Jinping lifted a spade onto his shoulder and skillfully shoveled the dirt to fill the
Tag: Fed
Uncertainties in U.S. economic policies add to the strain on Turkish economy — experts
ISTANBUL, April 12 (Xinhua) — Uncertainties in U.S. monetary policy and high inflation in the United States are jointly intensifying pressure on Türkiye, whose economic prospects are already downbeat
U.S. Fed\’s closely watched inflation measure rises 2.4 pct in January
WASHINGTON, Feb. 29 (Xinhua) — The U.S. personal consumption expenditures (PCE) price index, the Federal Reserve\’s preferred inflation measure, rose 2.4 percent in January, as inflation continued to
U.S. inflation to return to Fed target by end-2024, says Moody\’s economist
NEW YORK, Feb. 28 (Xinhua) — U.S. inflation would be back to the target set by the Federal Reserve by the end of 2024, said Mark Zandi, chief economist with Moody\’s Analytics on Wednesday.
Speaking a
Gold falls as U.S. dollar strengthens
CHICAGO, Feb. 28 (Xinhua) — Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. dollar strengthened.
The most active gold contract for April delivery
U.S. stocks sink as Fed hints no hurry to cut rates
A trader works on the floor of the New York Stock Exchange in New York, the United States, on Jan. 31, 2024. U.S. stocks ended lower on Wednesday. The Dow Jones Industrial Average fell 317.01 points,
A majority of U.S. districts report little or no change in economic activity: Fed Beige Book
WASHINGTON, Jan. 17 (Xinhua) — A majority of 12 Federal Reserve districts reported little or no change in economic activity since the prior survey period, the U.S. Federal Reserve said in its Beige B
Feature: Leading Chinese feed manufacturer beneficial to Bangladesh poultry farmers
DHAKA, Jan. 5 (Xinhua) — Fear and uncertainty because of common diseases have long been part of most of the poultry farmers in Gazipur on the outskirts of Bangladesh capital Dhaka.
About one-fourth o
Unmasking the reality behind US economic data
The US economic data for the first three quarters of 2023 presents an impressive picture, especially amid the backdrop of the Federal Reserve\’s continued interest rate hikes. These measures have seemi
Comicomment: U.S. aggressive rate hikes aggravate global economic risks
The U.S. Federal Reserve on Wednesday raised its benchmark interest rates by 25 basis points to the range of 5.25-5.5 percent. It is the 11th interest rate increase since the Fed began its aggressive