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Tag: Economics
China’s Economic Pivot: Xi’s Symposium Signals Policy Direction
“In Chinese culture, seatings in the middle and upfront are typically reserved for the more important audience. The entire Chinese investment community is now busy identifying the seating arrangement from…
UK Inflation Jumps to 3.0%, Raising Doubts Over March BoE Rate Cut; GBP/USD Spikes
Expert Views on the BoE’s Monetary Policy Conundrum Bob Elliott, Chief Investment Officer at Unlimited Funds, warned that wage growth is keeping services inflation elevated. Services inflation makes it harder…
Empire State Manufacturing Activity Rebounds, but Optimism Drops
More Information in our Economic Calendar.Employment Weakens, Prices Surge Labor market conditions softened, with the employment index slipping to -3.6, suggesting a decline in workforce numbers. The average workweek remained…