The meeting sends a “very clear signal of top-level support” to the private sector entrepreneurs, Peiqian Liu, Asia economist at Fidelity International told CNBC.
Related Posts
Investors need to adjust rate outlook but shouldn’t panic, DataTrek’s Colas says
The central bank is merely responding to a strong economy and the elevated inflation that comes with it, according to Colas.
Oil jumps more than 7% on supply risk from Israel-Iran conflict
Crude futures jumped more than $5 a barrel on Friday after Israel launched airstrikes against Iran without U.S. support.
Energy Secretary Chris Wright says Trump push to produce more oil is driving down prices
The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.