Yearly Archives: 2023
FOMC Minutes Show Fight Against Inflation Will Continue, Soft Landing Possible
Written on February 23, 2023 at 3:29 am, by lishitong
An increasingly risk-off market has been proved right as the U.S. Federal Open Market Committee (FOMC) has released the minutes of its 31 Jan – 1 Feb meeting, signalling the Fed’s resolve to continue the fight against inflation. This includes further hikes, although almost all members of the FOMC supported a slowing down in theContinue Reading
Cheap Consumer Loans Might Backfire in China
Written on February 20, 2023 at 5:50 am, by lishitong
President Xi Jinping’s effort to stimulate China’s economy through increased consumer spending is facing a new challenge as citizens misuse cheap consumer loans. Borrowers are using low-interest loans to prepay mortgages or invest in stocks, instead of buying goods as intended. This practice, which is prohibited by regulators, threatens to undermine Beijing’s plan to fosterContinue Reading
What Are The Factors That Affect Gold Prices?
Written on February 17, 2023 at 8:30 am, by lishitong
Understand Deeper About How Gold Prices Work. Gold is one of the most widely-traded commodities in the world, and its value can fluctuate greatly based on a number of different factors. Here are some of the key factors that affect gold prices. Gold Prices Factor #1: Supply And Demand Not all of gold’s movement isContinue Reading
