COLOMBO, Feb. 7 (Xinhua) — Sri Lankan President Ranil Wickremesinghe Wednesday said his country plans to join the Regional Comprehensive Economic Partnership (RCEP).
The president said at the inaugur
Tag: inflation
U.S. Inflation Reduction Act disrupts global industrial, supply chains
Cartoon by Ma Hongliang
The U.S. government recently enacted the provisions of the Inflation Reduction Act, barring electric cars from qualifying for full tax breaks if battery components were manufac
U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 2
U.S. dollar stays nearly flat ahead of CPI figures, Fed decision
NEW YORK, Dec. 11 (Xinhua) — The U.S. dollar stayed nearly flat in late trading on Monday, as investors were waiting for the U.S. Consumer Price Index (CPI) on Tuesday and the U.S. Federal Reserve (F
High-level conference in Hong Kong highlights challenges to central banks
Agustin Carstens, general manager of the Bank for International Settlements (BIS), delivers a speech at a high-level conference co-organized by the Hong Kong Monetary Authority (HKMA) and the BIS in H
ECB expects eurozone inflation to keep falling
This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. (Xinhua/Zhang Fan)
According to the latest ECB staff projections, inflation in the eurozone will hit the bank\’s target of 2
China’s foreign trade shows upbeat signs amid external challenges in Q3: MOFCOM
China’s Ministry of Commerce (MFOCOM) said on Thursday that the country’s general foreign trade has been operated steadily so far in 2023, and showed a progressing trend in recent months amid weak glo
China\’s central bank vows stronger support for real economy
BEIJING, Sept. 27 (Xinhua) — China\’s central bank has pledged to strengthen macro-economic regulation to boost domestic demand and provide stronger support for the real economy as the country\’s econo
EU economy to grow slower than expected: Commission
People are seen on a street in central Antwerp, Belgium, on Sept. 11, 2023. The European Commission cut the European Union\’s and the eurozone\’s 2023 economic growth forecast on Monday. (Xinhua/Zheng H
China\’s CPI up 0.1 pct in August
BEIJING, Sept. 9 (Xinhua) — China\’s consumer price index (CPI), a main gauge of inflation, edged up 0.1 percent in August compared with one year earlier, the National Bureau of Statistics said Saturd