The PBoC pledged to safeguard the economy from inflation risks in its quarterly monetary policy report last Wednesday, after it projected CPI inflation would exceed 3% in H2. Headline CPI…
The US economy is well below its natural rate of unemployment and is adding payrolls at a rate of 437k a month (average three-month change). The unemployment rate tumbled 14…
Nancy Pelosi’s expected visit to Taiwan is dragging Asian shares lower this morning, with the Hang Seng and Shanghai composite indices both shedding over 2%. The geopolitical threat is very…
