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Ming Ming, chief economist of CITIC Securities, said that judging from Fed Chairman Powell's speech after the meeting, he does not think it is time to suspend interest rate hikes. Wen Bin, chief economist of Minsheng Bank, also mentioned that Powell's signal to the outside world is that the Fed is in the early stages of disinflation and it will take time to win.
At the end of May, China's foreign exchange reserves reached 3.1278 trillion US dollars, a month-on-month increase of 0.26% China News Service, Beijing, June 7 (Reporter Xia Bin) According to data released by the State Administration of Foreign Exchange on the 7th, as of the end of May 2022, China's foreign exchange reserves were US$3,127.8 billion, an increase of US$8.1 billion from the end
China News Service, Beijing, May 23 (Reporter Xia Bin) The People's Bank of China successfully issued two RMB central bank bills in Hong Kong on the 23rd, including 10 billion yuan (RMB, the same below) for 3-month central bank bills and 1-year central bank bills. The bills are 15 billion yuan, and the winning interest rates are 2.49% and 2.80% respectively. The issuance has been widely welco
China News Service, Beijing, May 15 (Reporter Xia Bin) The People's Bank of China reported on the 15th that on May 11, the Executive Board of the International Monetary Fund (IMF) completed the special drawing rights (SDR) decision once every five years. value review. This is the first review since the yuan became an SDR basket currency in 2016. It is reported that the Executive Board unanimo
China's central bank: prudently implement the prudent management system for real estate finance China News Service, Beijing, March 4 (Reporter Xia Bin) The People's Bank of China announced on the 4th that its recently held 2022 financial market work video conference emphasized that it is necessary to adhere to the positioning that houses are for living, not for speculation. , prudently implemen