With the Fed raising rates, we can expect the ECB to follow suit. The BOJ will talk about inflation pressures although will not likely raise.
Yet the Chinese are already dealing with the deflationary pressures.
This will spread.
With the Fed raising rates, we can expect the ECB to follow suit. The BOJ will talk about inflation pressures although will not likely raise.
Yet the Chinese are already dealing with the deflationary pressures.
This will spread.
Fluctuating steel and paper prices at a low level in China.
The steelmaker now expects a net loss of 1.34 billion yuan ($189 million) for the first six months of 2023.
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