Prices Stable News Today

Geopolitical tensions provide support for oil prices, while a strong rebound is unlikely until the banking crisis dissipates.

BEIJING, May 16 (Xinhua) -- Despite the recent rise in China consumer price index (CPI), the country has the favorable conditions to keep prices stable with its

SECOND TERM. Photo taken on Nov. 22, 2021 shows the U.S. Federal Reserve in Washington, D.C., the United States. U.S. President Joe Biden on Monday announced that he intends to nominate Jerome Powell for a second term as Federal Reserve chairman and Lael Brainard as vice chair. (Photo by Ting Shen/Xinhua) WASHINGTON - United States President Joe Biden on Monday announced that he intends to nominate Jerome Powell for a second term as Federal Reserve chairman, and Lael Brainard as vice chair. &quo...

1st LD-Writethru: China moves to keep commodity prices stable Xinhua 24 May 2021, 18:49 GMT+10 BEIJING, May 24 (Xinhua) -- Chinese authorities have admonished key enterprises in the bulk commodity sector to rein in market irregularities and keep commodity prices stable, according to the National Development and Reform Commission (NDRC). The NDRC, together with other four relevant government departments, reminded enterprises with market influence in sectors such as iron ore, steel, copper and a...