BEIJING, April 22 (Xinhua) -- By global comparisons, China's modest inflation has allowed leeway for policymakers to support growth, but the colliding impacts of geopolitical conflicts and the resurgence of COVID-19 cases at home are complicating the government's balancing act. The International ...
Investment opportunities created by favorable government policies, such as the Inflation Reduction Act (IRA) passed by the Biden administration, have also led to directional change in capital investment, local analysts said. TotalEnergies CEO Patrick Pouyanne said at the forum that the French oil majo...
The U.S. Inflation Reduction Act: Climate policy as economic crisis responseView further author informationguri.bang@nmbu.noGuri Bang
Port strike could reignite inflation, with larger impact dependent on duration Jeff CoxWed, Oct 2nd 2024 Economy Saudi Arabia slashes growth forecasts, sees wider budget deficits Tue, Oct 1st 2024 Economy Powell indicates smaller, further rate cuts, but no 'preset course' Mon, Sep 30th 2024 Eco...
economy have disrupted global supply chains. While the US and the EU were busy sounding alarm bells of inflation, China kept its consumer price index at a reasonable level. As such, China's critical contribution to stimulating global economic growth while managing inflation merits greater ...
Inflation has remained low. The price index for personal consumption expenditures appears to have risen at an annual rate of less than 1 percent in the first half of the year. Although overall inflation has fluctuated, partly reflecting changes in energy prices, by a number of measures underlying...
has been the passage of the Inflation Reduction Act and the CHIPS and Science Act. These pieces of legislation aimed to increase US production of strategic technologies like electric vehicles, batteries, renewable energy, and semiconductors.9Since the passage of these pieces of legislation in August...
laws like the Inflation Reduction Act, the CHIPS and Science Act, and the Bipartisan Infrastructure Law.” The statement also emphasized “the importance of building on the historic economic progress,” such as low unemployment, expanding health care coverage and making gains to stabilize inflation....
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