1. Fed's Bullard: Supports raising rates to 5.75% and maintaining for longer
Comment: This move may curb inflation, but raising rates may also curb economic growth and have an impact on economic recovery.
2. US real estate giant defaults on $160 million debt
Comment: Real estate debt defaults will have an impact on the real estate market and may lead to market turbulence, affecting the interests of many people.
3. EU reaches agreement on €43 billion "chip act"
Comment: The agreement on the "chip act" will help the EU strengthen its control and development of the chip industry, which is of great significance for improving Europe's technological competitiveness. At the same time, this will also help to strengthen the stability of the global chip market.
4. National Bureau of Statistics: Q1 GDP increased by 4.5% year-on-year, and there was no deflation in the economy
Comment: The year-on-year growth of 4.5% shows that the Chinese economy has begun to recover from the impact of the pandemic. The absence of deflation in the economy means that the overall price level has not declined. This is a positive signal, as deflation is usually a sign of economic slowdown and rising unemployment.
5. Four major operators join forces, and the China GPT Industry Alliance is officially established
Comment: The four major operators have joined forces to establish the GPT Industry Alliance, which will help promote the development of China's artificial intelligence industry, enhance technological innovation and application levels, promote industrial cooperation and development.
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