US inflation rates ease, China unveils property rescue package, and US/EU invest $81bn into next-gen semiconductor production.

US inflation rates have eased, potentially leading to economic stability and growth. In related news, China unveiled a rescue package to tackle their ongoing property crisis, including mortgage payment deferrals and financial support for developers. Both the US and EU have invested $81bn into next-gen semiconductor production to rival China.

May 18, 2024
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