central bank - The Deeping

Can China’s stimulus blitz fix its flagging economy?

Oct 8, 2024

Sambit Bhattacharyya, University of Sussex Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The move, which came a week before the 75th anniversary of communist party rule, was made in response to concerns that China could miss its

Inflation rates are currently rising, reflecting the increasing cost of goods and services.

Inflation: why it’s happening and why interest rates are going up to combat it

Aug 17, 2022

Inflation rates are currently rising, reflecting the increasing cost of goods and services. PERO Studio / Shutterstock Supriya Kapoor, Trinity College Dublin Soaring prices have forced central banks in many developed countries to raise their interest rates in recent weeks. These organisations are in charge of attempts to rein in rising costs that

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Can China’s stimulus blitz fix its flagging economy?

Inflation: why it’s happening and why interest rates are going up to combat it