04:20 PM @ 28/12/2022
Former Bank of England official says key unknowns are how high interest rates will go above 5.25% to get inflation all the way back to Fed’s 2% target
The inflation outlook will look a lot different in 12 months, according to Adam Posen, the former Bank of England official who now runs the Peterson Institute for International Economics.SEE MORE04:54 PM @ 26/12/2022
China’s economy continued to slow in December as the massive Covid-19 outbreak spread across the country, with activity slumping as more people stay home to try and avoid getting sick or to recover.SEE MORE04:46 PM @ 26/12/2022
Moscow is ready to resume gas supplies to Europe through the Yamal-Europe Pipeline, Russian Deputy Prime Minister Alexander Novak told state TASS news agency.SEE MORE04:42 PM @ 26/12/2022
Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of Seven’s price cap on the nation’s crude exports, according to Deputy Prime Minister Alexander Novak.SEE MORE02:59 PM @ 26/12/2022
2022 has been a year of uncertainty for the world, including Vietnam. However, flexible policies applied by Vietnam have helped it stabilize the exchange rate and inflation rate.SEE MORE
