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The PPI data was "mixed" and the market still widely expects the Federal Reserve to keep policy rates unchanged until September. Click to view...
Recently, the explosion of DeepSeek has attracted widespread attention, among which VCs collectively missed DeepSeek and became a hot topic of public discussion. Baidu Venture Capital, as an investment institution upstairs in DeepSeek, caused many netizens to discuss the missed investment in DeepSeek. According to Lei Di's report today, Baidu Venture Capital CEO Gao Xue said in response to the matter, "We are the VCs upstairs in DeepSeek. The first time DeepSeek entered the Rongke Information Ce...
Canadian consumers have expressed skepticism about the Bank of Canada's (BOC) early widespread adoption of the digital dollar concept. The Bank of Canada recently conducted research to understand changes in consumer payment preferences, with the ultimate aim of preparing for the development of an internal central bank digital currency (CBDC). The Bank of Canada's research report released on October 28 reaffirms Canadians' long-standing fondness for traditional fiat payment systems, while growing...
On July 11, inflation in the United States generally cooled in June, further boosting the confidence of Federal Reserve officials that the Federal Reserve may soon cut interest rates. The core CPI, which excludes food and energy costs, rose 0.1% from May, the smallest increase since August 2021, according to the Bureau of Labor Statistics. The measure rose 3.3% year-on-year and was also the slowest increase in more than three years, data released on Thursday showed. Economists believe the core m...
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