On January 20, Li Qiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, hosted a symposium of experts, entrepreneurs and representatives from the fields of health and sports on the afternoon of January 20 to listen to opinions and suggestions on the "government work report (exposure draft) ". Li Qiang stressed that it is necessary to implement a more active fiscal policy and a moderately loose monetary policy to provide s...
On January 4th, the 2025 People's Bank of China Work Conference was held from January 3rd to 4th. The meeting emphasized that the implementation of moderately loose monetary policy will create a suitable monetary and financial environment for stable economic growth. Comprehensive use of a variety of monetary policy tools, according to the domestic and foreign economic and financial situation and the operation of financial marekt, choose the opportunity to cut interest rates, maintain abundant li...
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On December 12th, according to CCTV news broadcast, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting pointed out that it is necessary to implement a moderately loose monetary policy, cut the reserve requirement and interest rate in a timely manner, maintain abundant liquidity, and make the scale of social financing and money supply growth match the expected goals of economic growth and overall price level. Explore and expand the functions of the ce...
IntoTheBlock data shows that Chainlink's on-chain activity has been increasing in the past month, with both transaction volume and active address volume hitting new annual highs. The project's recent high-value partnerships with Coinbase's Project Diamond, the Central Bank of Brazil, and SWIFT could further enhance the actual utilization of the Chainlink network.
Traders have trimmed bets on the ECB easing monetary policy, expecting a cumulative rate cut of less than 150 basis points by the end of 2025.
Germany's foreign intelligence chief: There is a growing risk that this could raise questions about the activation of NATO's Article 5.
Trader T posted on social media that bitcoin spot ETFs became increasingly institutionalized in the third quarter. BlackRock IBIT has a total of 639 institutional holders, an increase of 10% month-on-month; institutional holders hold a total of 148 million shares, an increase of 19% month-on-month; Fidelity FBTC has 316 institutional holders, an increase of 4% month-on-month, and institutional holders hold a total of 50.40 million shares, a decrease of 4% month-on-month; Bitwise's BITB has 140 i...
The Fed, Mr. Collins said, would not rule out easing in December. The economy is in very good shape. Modest easing is appropriate at the right time. There is no evidence of new price pressures. Tariffs could be a driver of inflation.
Powell gradually reduced dovish guidance? He pointed out that the US economy has not released a signal to continue cutting interest rates, emphasizing the need to control the pace in the process of finding a neutral stance.
Mr. Musallam said there could be scope for a gradual easing of policy towards neutral rates and that stronger data could be behind the rise in Treasury term premiums. Data since the last policy meeting suggest the economy could be much stronger than expected. Inflation data were equally strong but have yet to change the view that policy is moving in a neutral direction. The latest CPI data was "in line with expectations" but would prefer to see support on the three-month basis of the data...
Lan Foan, the finance minister, said that not adding hidden debt will be "iron discipline", continue to strengthen budget management, and urge local governments to build government investment projects in compliance with the law; government spending and investment projects that are not included in the budget arrangement will not be implemented, and resolutely block the way of local illegal debt borrowing.
On November 8th, Lan Foan said that the central government still has more room for borrowing and deficit improvement. At present, we are actively planning the next fiscal policy and strengthening counter-cyclical adjustment.
Morgan Stanley said the economy is growing strongly but inflation is getting closer to target, pushing the Fed to cut rates by 25 basis points. At the press conference, Powell will acknowledge strong GDP growth and payrolls in the third quarter of 2024 and will not emphasize the slowdown as he did at the last meeting.... Powell is not expected to give specific guidance on the size or pace of future rate cuts. Focus on the statement's statement on job growth. Fed Governor Bowman is expected to su...