Kevin Hassett, chairman of the White House Council of Economic Advisers during the Trump administration, believes that the U.S. economy could be hit by another wave of inflation due to factors such as huge government spending and high energy costs.
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The Federal Reserve began to raise interest rates on March 16, 2022, and has so far raised interest rates 11 times in a row, with a cumulative increase of 525 basis points, and the Federal funds rate of the Federal Reserve climbed from 0-0.25% to 5.25%-5.50%.
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MauiisthesecondlargestislandintheAmericanHawaiianIslands,andLahainaisasmallcityonMaui.
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Recently, according to the data released by the U.S
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Since the tragic death of George Floyd in the United States in May 2020, a number of race riots have broken out in the United States and Europe.
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Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud and OPEC Secretary-General Haitham al-Ghais shake hands at the Organisation of the Petroleum Exporting Countries
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the world's largest luxury company, reported a 17% rise in first-quarter sales, more than double analysts' expectations, as China rebounded sharply after COVID-19 lockdowns.
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A shortage of West Coast port workers has forced the busiest U.S
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Tesla Inc (TSLA.O) is opening a factory in Shanghai
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OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain.
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In today's global economic pattern, the euro, as an important international currency, has been bearing the expectation of European countries to get rid of the dependence on the US dollar and seek financial independence since its birth.
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