officials at the united state s central bank think inflation is going to remain uncomfortably high in america for some time. that s according to the minutes of the last fed meeting where monetary policy is set. the bbc s north america business correspondent samira hussain reports. if anyone thought most recent price hike which showed no inflation injuly was the new normal the federal reserve is here to tell you otherwise. the latest minute shows that the committee that sets monetary policy in the us was unanimous that prices are going to keep going up for months to come. that means everyone should expect more interest rate rises as well. the committee height interest rates by three quarters of a percentage point last month, another rate hike in september seems almost certain. the only question is by how much? the minutes show at least some on the committee thank that their efforts to tame inflation may be starting to have some effect. based on the market response that has
from the eiu. he says australia was never a good target for china to have tensions with. it’s good target for china to have tensions with. tensions with. it s a slight stabilisation tensions with. it s a slight stabilisation but - tensions with. it s a slight stabilisation but ties - tensions with. it s a slight stabilisation but ties are l stabilisation but ties are going to remain quite difficult. this recent incident between australia and china over the last two years really shows the limits and in some way the lack of sophistication of chinese foreign policy. australia was a bad target for china to choose. it was always going to side with the us when push comes to shove. because of its resource endowments it s got unusually large amounts of leverage. pushed by china on australia hasjust leverage. pushed by china on australia has just resulted firstly in australia doubling down on diversifying its export rays. it s termed public and political opinion in that country f
Orders by value topped US$48 billion last month, and these also include purchases of semiconductors, electronics for cars, and electric vehicle components.
Taiwan’s exports expanded for a third straight month in January, with shipments of electronic components rising by 7.5 per cent compared to a year earlier.
With cross-strait relations at their frostiest in years, Taiwan reported historic lows for two-way investment with mainland China – but some companies are still attempting to set up or continue operations.