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Economy

Economy 2024年5月23日

Japan's GDP growth in the first quarter is behind the negative growth again

On May 16, local time, according to the preliminary statistics released by the Japanese Cabinet Office, in the first quarter of this year, Japan's real GDP fell by 0.5% month-on-month, and if calculated at an annualized rate, the decline was about 2.0%.

Economy 2024年5月22日

Copper prices continue to rise, staging a forced air battle

Last week, copper futures prices on the New York Mercantile Exchange (COMEX) surged to a historic high. Especially for the main July contract, the price reached a high of $11200 per ton at the close of last Friday, with a weekly increase of over 9%. The increase in copper prices has increased the procurement costs of downstream enterprises, which has had a negative impact on the operation and export competitiveness of the manufacturing industry.

Economy 2024年5月22日

Biden's proposal to raise taxes will crush the US economy

Recently, the White House released a budget proposal for the fiscal year 2025, which shows that budget expenditures will reach $7.3 trillion, an increase of $400 billion from the fiscal year 2024.

Economy 2024年5月21日

Japan's GDP falls in first quarter

According to statistics, the contribution rate of domestic demand and external demand to Japan's economic growth in the first quarter of this year is negative, and the actual GDP fell by 0.5% quarter-on-quarter and 2% on an annualized basis, which is a negative growth phenomenon after the fourth quarter of last year.

Economy 2024年5月21日

What has inflation brought to American consumers?

At present, American consumers may have reached the limit of consumption.

Economy 2024年5月20日

The fragility of the Japanese economy is once again evident

The Japanese government recently stated that from January to March this year, the Japanese economy contracted at an annual rate of 2.0%, marking the first contraction in two quarters.

Economy 2024年5月20日

Central banks around the world cut interest rates

The global rate cut refers to the action of central banks in multiple countries to reduce their benchmark interest rates. This trend usually reflects changes in the global economic situation, such as slowing economic activity and easing inflationary pressures.

Economy 2024年5月20日

The Federal Reserve's expectation of interest rate cuts cooling down, Morgan Stanley reveals subtle changes in the market

Recently, the US economy seems to have entered a subtle period of adjustment, and market expectations for the Federal Reserve's interest rate cuts have also fluctuated accordingly.

Economy 2024年5月17日

Japan's GDP fell into negative territory in the first quarter

According to the preliminary statistical results released by the Japanese Cabinet Office on May 16, recently, statistics released by the Japanese Cabinet Office show that Japan's real gross domestic product (GDP) in the first quarter of 2024 fell 0.5% quarter-on-quarter, an annualized decline of 2.0%, and negative growth again after turning positive in the fourth quarter of last year.

Economy 2024年5月16日

Who has been harmed by the Federal Reserve's insistence on not lowering interest rates?

Recently, under the unanimous expectations from the outside world about the Federal Reserve's interest rate cut, several senior officials of the Federal Reserve have made intensive statements, with surprisingly consistent statements, claiming that there is no need for a rate cut this year and that if necessary, further rate hikes may even be necessary.