Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
The new research reveals that the expected automation of around half of all human-performed jobs with the help of AI could come at a premium cost, which employers would likely not be willing to pay.
Chief Economist at Goldman Sachs Group Inc. Jan Hatzius on Tuesday, January 23, during a conversation with media representatives in Hong Kong, said that the Federal Reserve System is currently on track to achieve a soft landing of the United States economy.
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese economy.
Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.
The number of watchers of the Bank of Japan is increasing, who are changing their forecasts regarding the termination of the policy of negative interest rates.
Given bullish market trends maintained their dominance in the near future, the number of crypto users could reach between 850 and 950 million in 2024, analysts predict.
The Congressional Budget Office on Friday, December 15, released a forecast according to which the inflation rate in the United States will decrease next year.
According to the results of November, sales volumes of Taiwan Semiconductor Manufacturing Co.(TSMC) demonstrated a negative dynamic of decline.
Experts suggest that the growth rate of the Hong Kong economy this year and in 2024 will be less intense than initially expected.
The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.
China’s exports, according to the results of November, showed growth for the first time since April this year.
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Spot gold prices rose to a new record high, expected to remain above $2,000 levels next year, as investors are looking for safe-haven assets.
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