🔥 Putin Admits Inflation Concerns Despite Claiming Stable Economy 💰
President Putin admits that inflation is a worrying signal in Russia, despite claiming the economy is stable. What’s next for the Russian economy as prices heat up?
Inflation
China’s Inflation Edges Up: CPI Rises 0.2% in November 📈
China’s consumer prices rose by 0.2% in November, signaling a modest uptick in inflation. Stay tuned to see what this means for the economy!
Economist Richard Wolff: Trump’s Tariffs on China Will Spike US Inflation
Economist Richard Wolff warns that President-elect Trump’s plan to impose tariffs on China could backfire by causing US inflation to surge, hitting consumers with higher prices. Stay informed! 📈
China’s Consumer Prices Stay Chill in October 🌟📊
China’s consumer prices rose by 0.3% in October, showing steady growth amid economic recovery. Discover how energy and food prices played a role in this slight shift! 📊
Inflation Anxiety Hits High as U.S. Election Looms 📈🗳️
With the U.S. election days away, Americans are worried about their economic future. Inflation tops their concerns, with many feeling the pinch no matter who wins the presidency.
Lithuania’s Election: Youth Demand Change Amid Rising Costs and Russian Fears
On October 27, Lithuanians vote in a crucial election with rising living costs and security fears over Russia at the forefront. The Social Democrats lead the charge for change. Will they succeed?
Fed Slashes Interest Rates by 0.5% in First Cut Since 2020
The U.S. Federal Reserve surprises with a 0.5% rate cut—the first since 2020—to combat cooling inflation and bolster a weakening labor market.
China’s Prices Rise Due to Extreme Weather, Factory Costs Drop
China’s consumer prices are heating up due to extreme weather, while factory costs decline amid weak demand and falling commodity prices. Find out how these shifts are impacting the economy!
Former Central Bankers Dish on Global Money Moves at Shanghai Summit 🌏💰
At the 2024 Bund Summit in Shanghai, former central bank leaders from the U.S., Europe, and Japan shared insights on shifting monetary policies amid uncertain economic times.
Navigating a Changing World: ECB’s Trichet Speaks at Bund Summit 🌐
At the Bund Summit, former ECB president Jean-Claude Trichet discussed with CGTN’s Michael Wang how the ECB tackled high inflation and the challenges ahead in balancing inflation and growth.