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US curbs on chip tools to China nearly finalized-posting

Reuters exclusively reported on Monday that U.S. officials had warned China in recent weeks to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The updates would add restrictions and close loopholes in rules first unveiled on Oct. 7, 2022, sources say.
United States Karen Freifeld Alexandra Alper Semiconductor Manufacturing Items Us Department Of Commerce Office Of Management
Source: yahoo.com

US curbs on chip tools to China nearly finalized-posting

Reuters exclusively reported on Monday that U.S. officials had warned China in recent weeks to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The updates would add restrictions and close loopholes in rules first unveiled on Oct. 7, 2022, sources say.
United States Alexandra Alper Karen Freifeld Semiconductor Manufacturing Items Us Department Of Commerce Office Of Management
Source: yahoo.com

In the Market: US bond market signals the end of an era

The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. The market's view has come into sharp focus in recent days amid a dramatic run-up in 10-year Treasury yields that hit 16-year highs. Behind that move is a bet that the disinflationary forces the Federal Reserve fought with its easy money policies in the aftermath of the financial crisis have abated, according to investors and a regularly updated New Yo...
San Francisco United States New York Neel Kashkari Paritosh Bansal Emanuel Moench
Source: yahoo.com

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Fed's Bowman: Expects it to be appropriate to raise rates further

Bowman, in prepared remarks to a banking conference, said inflation remains too high and expects progress in lowering it to be slow "given the current level of monetary policy restraint." "I remain willing to support raising the federal funds rate at a future meeting if the incoming data indicates that progress on inflation has stalled or is too slow to bring inflation to 2% in a timely way," Bowman said. Energy prices also pose a renewed risk to inflation, she said, noting...
Pete Schroeder Dan Burns Market Committee Reserve Governor Michelle Bowman Federal Open Market Reporting By Dan Burns
Source: yahoo.com

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