ECB Governing Council Wen Shi: April should consider suspending interest rate cuts, the possibility of interest rate hikes in 2025 is limited, and inflation risks may be biased to the upside. (Golden Ten)
US support for cryptocurrencies and non-bank finance risks triggering the next financial emergency, according to Francois Villeroy de Galhau, a member of the European Central Bank's governing council. In an interview with the French weekly Tribune Sunday, he said: "It is possible for the US to commit crimes through negligence. Financial crises often originate in the US and spread to other parts of the world. By encouraging crypto assets and non-bank finance, the US government is sowing the seeds...
European Central Bank Governing Council Holtzmann: supports the suspension of interest rate cuts in April, believing that inflation risks still exist.
ECB Governing Council Rennes: If the data support, we will not lower interest rates in April, but will stay on the sidelines.
National Economic Council Director Hassett: A tariff study will be released on April 1, after which Trump will make a decision on tariffs.
Hassett, director of the National Economic Council, said a tariff study would be released on April 1, after which Trump would make a decision on tariffs.
On February 24th, Eastern Time, on February 21st, the White House website released the "America First" investment policy memorandum, announcing that it will adjust the US investment policy and focus on further restricting two-way investment with China. This morning (February 24th), the spokesperson of the China Council for the Promotion of International Trade responded to this. The Chinese business community firmly opposes the US's repeated generalization of the concept of national security and ...
On February 23rd, the Central Committee of the Communist Party of China and the State Council issued opinions on further deepening rural reform and solidly promoting the comprehensive revitalization of rural areas. The opinions put forward that we should solidly do a good job in the confirmation, registration and issuance of the rights of housing bases integrated with real estate and land. Explore the effective realization forms of the housing legally owned by farmers through leasing, equity inv...
On February 23rd, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Further Deepening Rural Reform and Solidly Promoting the Comprehensive Revitalization of Rural Areas" proposed to strengthen the protection and quality improvement of cultivated land. Strictly control the total amount of cultivated land and "make up for it", and bring all kinds of cultivated land occupation into the unified management of the balance of occupation and compensation to ...
On February 23rd, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Further Deepening Rural Reform and Solidly Promoting the Comprehensive Revitalization of Rural Areas" proposed to improve the mechanism for the citizenization of agricultural transfer population. Promote transfer payments, new construction land indicators, infrastructure building investment, etc. to be linked to the citizenization of agricultural transfer population. Improve the nati...
According to CCTV, Li Qiang chaired an executive meeting of the State Council to study service trade and service consumption.
According to CCTV, Li Qiang chaired an executive meeting of the State Council to consider and approve the Action Plan for Improving the Recycling and Utilization System of New Energy Vehicle Power Batteries.
In order to implement the relevant agreements approved by the State Council, the State Administration of Financial Supervision recently issued the "Notice on Matters Related to the Opening of Bank Card Business by Mainland Branches of Hong Kong and Macao Banks" (hereinafter referred to as the "Notice"), which will come into effect on March 1, 2025. The "Notice" clarifies the relevant matters involved in the opening of bank card business by mainland branches of Hong Kong and Macao Banks. First, i...
The International Grains Council (IGC) raised its global wheat production forecast for 2024/25 by 1 million tons to 797 million tons. It lowered its global corn production forecast for 2024/25 by 3 million tons to 1.216 billion tons.
European Central Bank Governing Council member Simkus expressed his support for the expectation of three more interest rate cuts in 2025. The direction of interest rates is clear, and the next move is also clear. There is no good reason for not cutting interest rates in March.