China announced a GDP growth target of 5% in 2023 and a CPI increase of 3%. In contrast, China's GDP grew by 3% and CPI by 2% in 2022.
JUST IN: Perth Mint, one of the largest gold refiners in the world, sold up to $9 billion in diluted gold to China.
South Korea's largest exchange, Upbit, announced that it will open spot trading of KRW/MASK (Mask Network) BTC/ACS (Access Protocol).
upbit.com/service_center…
upbit.com/service_center…
업비트(Upbit)
고객센터 | 업비트
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Powell: If the totality of incoming data indicates that a faster tightening is necessary, we are ready to accelerate interest rate hikes.
Powell: The final level of interest rates will probably be higher than previously projected.
Powell: There is little evidence so far of deflation in basic services, except for housing. For inflation to return to 2%, lower inflation in basic services, excluding housing, and a possible softening in the labor market are required.