
Eurozone Inflation Drops: Bund Summit Reveals ECB’s Strategies
At the Bund Summit, experts discuss the eurozone’s inflation drop from 9% to 2.2%, exploring the ECB’s strategies to balance inflation and growth.
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At the Bund Summit, experts discuss the eurozone’s inflation drop from 9% to 2.2%, exploring the ECB’s strategies to balance inflation and growth.
Federal Reserve Chair Jerome Powell addresses the Jackson Hole symposium, hinting at a potential interest rate cut in September as inflation approaches the Fed’s target.
Chinese mainland’s consumer price index rose by 0.5% year-on-year in July, driven by seasonal factors, rebounding from June’s decline. Producer price index remains unchanged.
China’s consumer price index rose by 0.5% year on year in July, indicating steady inflation as reported by the National Bureau of Statistics.
The IMF projects China’s GDP to grow by 5% in 2024, aligning with its targets as the economy shows resilience and inflation gradually increases.
The U.S. Federal Reserve maintains current interest rates but hints at possible cuts by September to tackle ongoing inflation.
China’s June CPI rises 0.2% YoY as non-food prices bolster economic recovery, while food prices show mixed trends.
June CPI in the Chinese mainland rose 0.2% year-over-year, with core CPI steady at 0.6%. Producer Price Index (PPI) decline narrows, indicating controlled inflation.
With the U.S. presidential race heating up, many ordinary Americans are wondering if the next leader can improve their financial struggles amid high inflation and a widening wealth gap.
The Chinese mainland’s May CPI grew by 0.3%, marking four consecutive months of rise, while the PPI decline narrowed, according to the National Bureau of Statistics.