Recently, Xinhua News Agency reported that on May 10, local time, the Federal Reserve governors said in public that it is not appropriate for the Fed to cut interest rates this year because of the persistent inflationary pressures.
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Recently, according to the US Wall Street Journal reported that the US government plans to increase the import tariff of Chinese electric vehicles from the current 25% to 100%.
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The recent trend of the international gold price has brought uncertainty to investors. The fall and rise of the gold price have a certain impact on the global economy and investors.
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Copper is often hailed as the "Doctor of Copper" because it can provide insights into the global economic health and is at the crossroads of various market dynamics.
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Due to the recent strengthening of the US dollar index, the currencies of many countries have fallen significantly, among which the performance of Asian currencies represented by the Japanese yen and the Korean won is particularly noteworthy.
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The Netherlands, as one of the important pillars of the European economy, has played a pivotal role in the global economic landscape in recent years. However, with the volatility of the global economy and geopolitical tensions, the Dutch economy is also facing unprecedented challenges. This article will discuss in detail the current state of the Dutch economy, including economic growth, trade relations, labor markets, and policy adjustments.
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At present, the United States is still facing a serious treasury bond problem, and the total debt has exceeded 34 trillion dollars. According to the clock on the Peter G. Peterson Foundation website, this debt is increasing every second. According to the foundation, each American needs to pay about $102000 to repay this debt, and its growth rate is almost logarithmic. In 2006, this proportion was about 35% of GDP, but it has now risen to 99%. It is expected that by 2054, this proportion may even reach 171% of GDP.
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South Korea's Gross Domestic Product (GDP) ranking has undergone significant changes in the past year - dropping from 13th place globally to 14th place. Unfortunately, this result has not even caught up with Mexico, which belongs to the same American region, and its ranking has fallen to its lowest point since 2012.
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Some time ago, the Bank of Korea announced that real gross domestic product (GDP) in the first quarter was 1.3%, and industry insiders claimed that the Korean economy had shown "amazing growth". However, it is difficult to be optimistic about Korea s economic prospects given that manufacturing production, retail sales, and facility investment all declined in the first quarter of this year.
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The US Federal Reserve, the central player in global financial markets, delivered a shock to investors around the world when it once again announced that it would keep interest rates unchanged.
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Two weeks ago, US Treasury Secretary Janet Bessent was still making a high-profile prediction that the Federal Reserve would cut interest rates by 50 basis points in September and declared that the benchmark interest rate should be significantly reduced by 150 to 175 basis points.
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