Powell’s speech reveals hawkish stance, high interest rates will remain for a while
Federal Reserve (Fed) Chairman Powell hinted at his annual Jackson Hole speech on Friday (26th) that the central bank may continue to raise interest rates and keep interest rates high for a period of time to curb inflation, refuting speculation that the Fed will be very Any talk of a quick reversal of policy.Read the full article…
Ball’s 8-minute speech: US billionaire loses $78 billion
“Bloomberg” reported on Friday (26th) that Federal Reserve Chairman Powell’s speech in just 8 minutes detonated the massacre in the US stock market on Friday, and the wealth of US billionaires evaporated by 78 billion US dollars in one day.Read the full article…
Bank for International Settlements: To revive the global economy, national policy priorities should shift to the supply side
Agustin Carstens, general manager of the Bank for International Settlements (BIS), said that governments and central banks should shift their policy focus from the demand side to the supply side, and the sooner the better, otherwise the global economy may continue to weaken. Read the full article…
Ming-Chi Kuo reiterates that the new MacBook Pro and iPad Pro will be mass-produced with TSMC 5nm chips
Tianfeng International analyst Ming-Chi Kuo reiterated on Friday (26th) that the next-generation MacBook Pro and iPad Pro will use TSMC’s 5-nanometer chips, and will not be upgraded to 3-nanometer chips until 2023.Read the full article…