China should give more money directly to consumers

China should give more money directly to consumers

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Albert Park, Chief Economist at the Asian Development Bank, believes the recent China government stimulus is a welcome step in right direction, but that it’s not enough to lead to a sustained improvement in sentiment or economic growth. Source link

Australia’s inflation rate has come within its target range, but rate cuts likely won’t come anytime soon

Australia’s inflation rate has come within its target range, but rate cuts likely won’t come anytime soon

SYDNEY, AUSTRALIA – SEPTEMBER 05: A person looking at milk products in a supermarket on September 05, 2024 in Sydney, Australia. Australia is currently facing a severe cost of living crisis, with rising prices for essentials like food, housing, and utilities significantly outpacing wage growth, leaving many households struggling to make ends meet. James Gourley … Read more