The Bank of Japan has comprehensively raised its inflation forecast for fiscal year 2024 to 2026 and lowered its economic growth forecast for fiscal year 2024
Bank of Japan: Risks to the inflation outlook for fiscal 2024 and 2025 are tilted upward.
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...
Congressional Budget Office (CBO): The projected U.S. budget deficit for fiscal year 2025 is $1.865 trillion, while the budget deficit for fiscal year 2024 is $1.832 trillion. Under current law, the U.S. public debt is projected to reach 99.9% of GDP by 2025 and rise to 118.5% in fiscal year 2035.
The Bank of Japan is said to be considering raising its core inflation forecasts for fiscal years 2024 and 2025, with officials still carefully reviewing the data ahead of the January meeting.
According to British Sky News, the UK Treasury said that compliance with the government's fiscal rules is non-negotiable, and the government will maintain strict control over public finances.
According to Kyodo News Agency, the Japanese government expects tax revenue in the 2025/26 fiscal year to reach a record level of about 78.40 trillion yen.
On December 12th, according to CCTV news broadcast, from December 11th to 12th, the Central Economic Work Conference was held in Beijing. The meeting said in the deployment of next year's fiscal policy, to implement a more active fiscal policy, increase the fiscal deficit rate, increase the issuance of ultra-long-term special government bonds, increase the issuance and use of local government special project bonds, optimize the structure of fiscal expenditure, and firmly grasp the bottom line of...
On December 8, 2024, local time in the United States, on December 7, 2024, the Armed Services Committee of the Senate and House of Representatives of the United States released the final agreement text of the National Defense Authorization Act (NDAA) for fiscal year 2025, which takes into account the proposals of both the House of Representatives and the Senate. The latest version of the NDAA shows that the biosecurity bill is not included. According to the process, the version can only take eff...
Bank of Japan Governor Kazuo Ueda: If underlying inflation remains around 2% in the mid-to-second half of fiscal year 2026, the Bank of Japan's policy rate will be close to neutral.
The Securities Exchange Commission set a new record for enforcement action penalties and fines in fiscal year 2024, largely due to a hefty settlement with cryptocurrency firm Terraform Labs. In its annual report on Nov. 22, the agency said that in the year ended Sept. 30, despite a 26 percent decrease in the number of cases from last year to 583, the agency's net financial remedies reached $8.20 billion, "the highest amount in the history of the Securities Exchange Commission." Total...
Highlighting its efforts to uphold market integrity and protect investors, the SEC recently announced a record level of enforcement in fiscal year 2024. "A total of 583 enforcement actions were filed in fiscal year 2024, along with $8.20 billion in financial remedies, the highest amount in SEC history," the agency said. Enforcement actions initiated by the SEC increased by 14% compared to 2023. SEC Chairperson Gary Gensler told the Enforcement Department...
NVIDIA (NVDA. O) revenue in fiscal 2025 Q3 was $35.10 billion, compared with $18.12 billion a year earlier, and market expectations were $33 billion.
NVIDIA (NVDA. O): Data center revenue in fiscal 2025 Q3 was $30.80 billion, compared with $26.30 billion in the previous fiscal quarter, an increase of 112% year-on-year.
NVIDIA (NVDA. O) 's third-quarter total revenue, net profit, data center revenue, and fourth-quarter revenue guidance are all expected by supermarkets. Its after-hours share price fell 1.7%, after falling more than 5%.