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Opinion: Inflation has not dropped significantly, and the Federal Reserve may adjust the wording of its inflation view

Analysts expect a 25 basis point cut in U.S. interest rates this week, but Nielsen, chief economist at the Bank of America Policy Institute, said the Fed could provide some clues that its view on inflation is changing. Nielsen wrote that the Fed's previous policy statement said "the Committee's confidence that inflation is continuing to move toward 2 percent has increased," but given that the 12-month weighted average core CPI and PCE inflation data have not declined significantly since the summ...

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2024-11-05 06:59:16
Tesla's first energy storage super factory outside the United States has landed in Shanghai

On May 23rd, on the afternoon of May 23rd, Tesla Shanghai Energy Storage Super Factory started construction in the new area of Lingang, Shanghai. The total area of Tesla Shanghai Energy Storage Factory is about 200,000 square meters, and the factory is close to Tesla Shanghai Super Factory. This is also Tesla's first energy storage super factory project outside the United States. Tesla Senior Vice President Zhu Xiaotong revealed that Tesla Shanghai Energy Storage Super Factory is expected to be ...

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2024-05-23 14:51:45