Y. F. LUK
Dr. Y. F. LUK
Economics
Honorary Associate Professor

3910 2310

KK 305

Publications
Whither US Trade Policy?

Will the US-China trade war further hinder global development? In May, the U.S. government announced raising tariffs on US$18 billion worth of Chinese imports, escalating the trade war. This follows the previous administration's "America First" approach, using tariffs as a main trade tactic.

Whither US Trade Policy?

Will the US-China trade war further hinder global development? In May, the U.S. government announced raising tariffs on US$18 billion worth of Chinese imports, escalating the trade war. This follows the previous administration's "America First" approach, using tariffs as a main trade tactic.

The 2-Percent Inflation Target and US Inflation

When will rate-hiking cycle end? The US Federal Reserve has just announced that it will keep the current interest rate unchanged, which has been at a 23-year high for the sixth straight meeting. An interest rate cut is expected to occur later than originally anticipated. What determines whether interest rates are raised or lowered? The goal of the Fed’s monetary policy is commonly known as the dual mandate - pursuing maximum employment while maintaining price stability. This is mainly achieved through controlling inflation.

The 2-Percent Inflation Target and US Inflation

When will rate-hiking cycle end? The US Federal Reserve has just announced that it will keep the current interest rate unchanged, which has been at a 23-year high for the sixth straight meeting. An interest rate cut is expected to occur later than originally anticipated. What determines whether interest rates are raised or lowered? The goal of the Fed’s monetary policy is commonly known as the dual mandate - pursuing maximum employment while maintaining price stability. This is mainly achieved through controlling inflation.

Japan Ends Negative Interest Rate Policy

The Bank of Japan recently ended its eight-year negative interest rate monetary policy, sparking interest among international investors in the future trends of the yen exchange rate and the performance of the Japanese economy.

Japan Ends Negative Interest Rate Policy

The Bank of Japan recently ended its eight-year negative interest rate monetary policy, sparking interest among international investors in the future trends of the yen exchange rate and the performance of the Japanese economy.

The Global Trade Outlook Looks Gloomy

The 13th Ministerial Conference of the WTO concluded in UAE last week. Although it received significant attention, the results were disappointing. In fact, since the financial crisis of 2008, the global trade growth has slowed down, and the outlook is gloomy.

The Global Trade Outlook Looks Gloomy

二次大戰後,全球貿易的增長持續快於全球GDP的增長,成為推動全球經濟的主要動力;同時,貿易增長較快,表示經濟體之間的互動愈來愈多,也是全球化正在進行的一個指標。然而,這個趨勢到2008年起便停止。金融海嘯後,貿易增長總的來說稍慢於GDP增長。

The Euro at 25

The euro, introduced in 1999, is celebrating its 25th anniversary after gradually replacing the currencies of 20 countries and becoming widely used by European citizens. The introduction of the euro was a significant milestone in the international monetary system and aimed to promote European economic cooperation, unity, and strength. However, critics raised concerns about the decision-making process of the ECB and its potential to cause discord among member states.