Beijing time:2022-09-30 06:32
[NTDTV, Beijing time, September 30, 2022]Please see today’s 100 Seconds of Finance.
Fed Eagle King:priceThe rise will cool down next year
St. Louis Fed President James Bullard on Thursday (29th) reiterated his stance on raising interest rates to fight inflation. He expects U.S. inflation to start to decline in 2023, but how fast will it decline? It remains to be seen, he also believes that the situation in the UK will not affect the US economy.
MetaBiggest budget cut since inception
Bloomberg reports,MetaCEO Mark Zuckerberg announced at an internal meeting on Thursday (29th) the company’s first major budget reduction plan since its establishment, including team restructuring and freezing of personnel recruitment, and said that the era of rapid growth has come to an end.
South Korean chip production falls 1.7% in August, first drop in 4 years
Bloomberg reports,Korean chipProduction fell 1.7% in August from a year earlier, the first decline in more than four years, signaling a slowdown in global chip demand and a gloomy outlook for the semiconductor industry.
The United States on Thursday (29th) imposed sanctions on companies involved in Iran’s petrochemical and oil trade, including severalChinese enterpriseU.S. pressure on Tehran as Iran seeks to revive the 2015 nuclear deal.
NTDTV Asia Pacific TV report
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