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JPMorgan lifts China growth forecasts after 'surprisingly positive' US deal

Quotes

    • 88:88
      Austan Goolsbee
      The way that we’re doing this is not free for the economy,
      The New York Times
      Mr. Goolsbee said
    • 88:88
      Austan Goolsbee
      It is definitely less impactful stagflationarily than the path they were on,
      The New York Times
      Mr. Goolsbee, who is one of 12 Fed officials to vote on policy decisions this year, said in an interview
    • 88:88
      Their statements are coming with explicit recognition that this isn’t permanent and that it’s going to be revisited in the near future,
      The New York Times
      he said of the White House’s communications about tariffs
    • 88:88
      Stagflation is a very uncomfortable situation for a central bank,
      The New York Times
      he said
    • 88:88
      If we could get the dust out of the air, it would make sense to think that rates would be going down,
      The New York Times
      he said
    • 88:88
      Adriana Kugler
      It is currently hard to judge the underlying pace of growth of the U.S. economy,
      Reuters
      Kugler said in remarks prepared for delivery to an event at the Central Bank of Ireland
    • 88:88
      Adriana Kugler
      Given the upside risks to inflation and given that I still view our policy stance as somewhat restrictive, I supported the decision to keep rates at that level,
      Reuters
      Kugler said, referring to the Fed's decision last week to hold rates steady
    • 88:88
      We no longer expect the (Chinese) government to introduce additional fiscal stimulus later this year,
      Reuters
      they also added
    • 88:88
      The magnitude of the temporary tariff reduction is larger than expected,
      Reuters
      analysts at the U.S. bank said in a note which singled out the replacement of the 34% "reciprocal" U.S. tariff on China with the 10% "universal" tariff that other countries also face as "surprisingly positive
    • 88:88
      Lin Feng (politician)
      Domestic prices remain subdued but stable, providing ample room for stronger fiscal stimulus and further monetary policy easing to boost domestic demand and offset external volatility,
      China Daily
      said Feng Lin, executive director of the research and development department at Golden Credit Rating International
    • 88:88
      We anticipate an additional 50 basis point RRR cut and another 20 basis point interest rate cut within the year,
      China Daily
      he added
    • 88:88
      We expect new incremental policies, including stronger fiscal support to boost consumption, to be introduced soon. These measures will provide important support for price stability,
      China Daily
      she added
    • 88:88
      The shift is mainly driven by mounting external shocks and persistent structural imbalances —namely, weak effective domestic demand and excessive competition on the supply side,
      China Daily
      he said
    • 88:88
      More incremental policy steps are likely on the horizon, particularly in the form of stronger fiscal support, boosting domestic demand and stabilizing foreign trade,
      China Daily
      he said