Fed official Hammack said monetary policy needs to move to a restrictive stance and he favors frequent, small interest-rate adjustments, arguing gradual hikes cause less disruption to the economy and financial system. He said inflation remains too high and is moving in the wrong direction. Hammack said the Fed has earned credibility through its actions and that central-bank independence is critical to bring inflation back to 2%. He added the dollar remains the world’s primary reserve currency, u

Wang Hongzhi, head of China’s National Energy Administration, met Angola’s minister of Energy and Water João Borges in Beijing on Nov. 3 to discuss cooperation in renewables and power. Wang said China-Angola energy ties have a solid foundation and broad prospects, noting Beijing values Angola’s development needs and investment expectations in hydropower, solar PV and electrification; China is willing to strengthen policy alignment, technology exchange and experience-sharing and to encourage firms from both sides to pursue practical projects in key energy areas.

中國臺灣10月季調後CPI月率 0.2%，前值0.17%。