According to data released by the US Department of Labor on the 11th, the US producer price index rose 2.2% in September, the third consecutive month of growth. Among them, energy prices rose 3.3 percent, food prices rose 0.9 percent, excluding food and energy core producer price index rose 2.7 percent year-on-year. Us media believe that high prices indicate that domestic inflation in the United States will remain high. Some insiders predict that the annualized gr ... 阅读全文

Minutes from the Fed's September meeting are out, and Fed officials agreed that the central bank should "proceed cautiously" in its interest rate decisions, while acknowledging that monetary policy should remain restrictive for some time. According to the Wall Street Journal Chinese website reported on the 12th, in terms of interest rates, the minutes of the meeting showed that Federal Reserve officials were inclined to the possibility of raising interest rates ag ... 阅读全文

According to Reuters on October 10, a report released by the National Federation of Independent Business (NFIB) on the same day showed that US small business owners remain pessimistic about the business outlook due to concerns about inflation and persistent labor shortages. According to the National Federation of Independent Business (NFIB), the Small Business Optimism Index fell 0.5 percentage points to 90.8 in September, marking the 21st consecutive month that t ... 阅读全文

The first half of the year saw major shifts in the global economic landscape, with one of the most notable events being the German economy overtaking Japan for the first time, regaining its position as the world's top three economies, while Japan was pushed into fourth place. Japan has long been one of the world's top three economies, although its growth has slowed significantly in recent years. Despite the challenges, Japan's economic position has always seemed u ... 阅读全文

The Federal Reserve released the minutes of its September rate-setting meeting yesterday, and the dot plot showed that more than 60 percent of officials expect one more rate hike this year, and the median Fed officials' interest rate expectations for next year and two years have increased by 50 basis points. Participants continued to believe that economic growth remained below trend and that a softening in the labor market was needed to restore economic balance. T ... 阅读全文

According to data released by the US Department of Labor on the 11th, the US producer price index rose 2.2% in September, the third consecutive month of growth. Among them, energy prices rose 3.3 percent, food prices rose 0.9 percent, excluding food and energy core producer price index rose 2.7 percent year-on-year. Us media believe that high prices indicate that domestic inflation in the United States will remain high. Some insiders predict that the annualized gr ... 阅读全文

Japan Money post website article on October 11, the original title: "The elephant in the room" is not China but the United States, the Japanese media does not report the risk of the United States financial crisis in Japan, there are many reports on "China risk", but there are few reports on "United States risk". For Japan, the "China risk" is almost exclusively economic. If China, Japan's largest trading partner, suffers an economic or financial crisis, Japanese c ... 阅读全文

According to the Wall Street Journal and World News Network, impacted by the continuous rise in interest rates, a large number of enterprises in the United States have filed for bankruptcy this year, setting the highest record since 2020, which economists believe may have a devastating impact on the US economy. According to data released by financial analysis firm Standard & Poor's Global, the number of large corporate bankruptcies in the United States has hit a r ... 阅读全文

Source: Global Times Japanese companies are leaving Tokyo and moving to the countryside When Mitsudo Watanabe was a young man, he moved to Tokyo hoping to become a well-known musician in the big city. He failed and eventually returned to his hometown of Yamanashi, an area west of Tokyo known for its agriculture and Mount Fuji. In 2021, Amuse, a major entertainment company that manages Japan's top artists and singers, moves its headquarters from Tokyo to Yamanashi. ... 阅读全文

On Thursday local time, the U.S. will release September consumer price index (CPI) data. The Fed's next meeting is three weeks away, and with the job market still hot, the latest price indicator could be an important reference for whether to continue raising interest rates this year. The producer price index (PPI) unexpectedly rose above market expectations in September due to higher energy and commodity prices, which also added uncertainty to the CPI outlook. The ... 阅读全文

Early Thursday morning Beijing time, the Federal Reserve released the minutes of the September Federal Open Market Committee (FOMC) policy meeting. The minutes showed that uncertainty surrounding the US economy, including the state of financial markets and the impact of union strikes, contributed to the Fed's final decision to adopt a cautious stance. Some officials argued that the policy focus should then shift from raising interest rates to discussing how long t ... 阅读全文

Source: CCTV News client On October 11, local time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) meeting on September 19-20, in which participants discussed the development of financial markets and the full extent of the impact of monetary tightening on the economy. The minutes noted that data up to the time of the meeting indicated that real gross domestic product (GDP) had gained momentum in the third quarter, the labor ma ... 阅读全文

According to minutes of the Fed's September policy meeting released on Wednesday, most officials said last month that they expected one more rate hike. Some officials noted that how quickly inflation cools in the coming months will determine how long interest rates stay high. The minutes read, "Most participants judged that one more rate increase would likely be appropriate at future meetings, while a few thought that an additional increase might not be necessary. ... 阅读全文

The Fed next meets on Oct. 31 and Nov. 1. The rebound in US inflation since the September meeting has been very clear, but inflation is no longer the primary determinant of the Fed's monetary policy. Combined with the Fed's message, capital markets have begun to believe that a sustained rise in long-term US Treasury yields could bring the current rate hike cycle to an abrupt end. Senior Fed officials have said in recent days that if long-term rates remain near the ... 阅读全文

Fed's Collins says it needs to be clear that the inflation target is 2%; Now is not the time to change the inflation target.

RBNZ Chairman ORR said that the Monetary Policy Committee (MPC) has a credible path to achieve the inflation target. The official cash rate (OCR) will remain at restrictive levels for the foreseeable future.

Exxon Mobil (XOM) struck a deal Wednesday to buy Pioneer Natural Resources (PXD) for nearly $60 billion, the largest oil and gas deal in two decades that will tie the energy giant to fossil fuels for decades to come. The purchase price represents a nearly 7% premium to Pioneer's market value of about $55.4 billion at Tuesday's close. The purchase price is $253 per share. The deal could cement Exxon's dominance of the US fracking industry, which is concentrated in ... 阅读全文

Chinese bank shares rose after a state-owned fund increased its stake in the country's four biggest lenders, fuelling hopes that Beijing will step up support for the economy. Industrial & Commercial Bank (Industrial & Commercial Bank of China, 1398.HK, 601398.SH), Bank of China, 3988.HK, 601988.SH, China Construction Bank, 0939.HK, 601939.SH) and Agricultural Bank of China (1288.HK, 601288.SH) both opened higher on Thursday, The move came after Central Huijin Inve ... 阅读全文

Sales of passenger cars in China rose in September thanks to promotions and holiday purchases. Retail sales in China's Passenger Car market reached 2.02 million units in September, up 5.0% from a year earlier and up 5.0% from the previous month, the China Passenger Car Association said Wednesday. The China Passenger Association said that the demand for car purchases before the National Day holiday in October increased, and at the same time, the quarterly sprint ta ... 阅读全文

According to the Wall Street Journal and World News Network, impacted by the continuous rise in interest rates, a large number of enterprises in the United States have filed for bankruptcy this year, setting the highest record since 2020, which economists believe may have a devastating impact on the US economy. According to data released by financial analysis firm Standard & Poor's Global, the number of large corporate bankruptcies in the United States has hit a r ... 阅读全文