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DALY said firms want inf to ease.

2026-11-07

DALY said firms want inf to ease.

Other News
2026-11-06

Premier Li Qiang chaired a State Council executive meeting directing faster policy implementation to ensure delivery of this year’s economic and social targets. The meeting ordered accelerated rollout of major projects and construction of the 'six ne

Premier Li Qiang chaired a State Council executive meeting directing faster policy implementation to ensure delivery of this year’s economic and social targets. The meeting ordered accelerated rollout of major projects and construction of the 'six networks', support for firms to expand equipment upgrades and intangible-asset investment, and stronger online–offline and urban–rural links to boost consumption and restore a virtuous investment–consumption cycle.
2026-11-07

Pablo Hernández de Cos, an ECB Governing Council member and candidate for ECB president, said policymakers should stay alert to inflation risks from elevated energy prices. He said second-round effects have not emerged so far but noted hopes for a qu

Pablo Hernández de Cos, an ECB Governing Council member and candidate for ECB president, said policymakers should stay alert to inflation risks from elevated energy prices. He said second-round effects have not emerged so far but noted hopes for a quick end to the Iran war — and a resulting fall in energy prices — have not materialized, so vigilance is necessary. He declined to comment on his candidacy. Hernández de Cos also warned that high public debt in some economies, coupled with persistent deficits, is a vulnerability if borrowing costs rise further, since higher rates would increase debt-servicing costs.
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