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France 24

Business

Bryan QUINN

Chinese youth unemployment hits record high as Covid recovery weakens

Unemployment Beyoncé the US Federal Reserve Economic Growth Interest Rates

BUSINESS DAILY © FRANCE 24

New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish inflation: Beyoncé.

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