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SWONK, KPMG chief economist, said this marks the start of a rate‑hiking cycle.

2026-09-17

SWONK, KPMG chief economist, said this marks the start of a rate‑hiking cycle.

Other News
2026-09-16

Markets opened weak then recovered. At midday Shanghai Composite +0.57%, Shenzhen Composite +1.42%, ChiNext +2.35%, STAR 50 +4.5%. Half-day turnover across Shanghai and Shenzhen RMB1.17 tln, up RMB108.2 bln vs prior session. Advancers exceeded 4,200.

Markets opened weak then recovered. At midday Shanghai Composite +0.57%, Shenzhen Composite +1.42%, ChiNext +2.35%, STAR 50 +4.5%. Half-day turnover across Shanghai and Shenzhen RMB1.17 tln, up RMB108.2 bln vs prior session. Advancers exceeded 4,200. Semiconductors led gains, with storage-chip names strongest and several chip stocks hitting 20% daily limits. Rubber stocks rallied with limit-up action; military-electronics names were active and UniStrong hit its daily limit. Precious metals, batteries and components outperformed; auto OEMs, banks and aquaculture lagged.
2026-09-17

Federal Reserve Chairman Warsh: Inflation is too high and has lasted too long.

Federal Reserve Chairman Warsh: Inflation is too high and has lasted too long.
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