China Considers AI Restrictions in Retaliation; RBNZ Hikes Rates
China is reportedly considering its own restrictions on artificial intelligence in response to US actions. Meanwhile, US-Iran strikes escalate despite ongoing talks, and the Reserve Bank of New Zealand raised interest rates for the first time in three years.
In a tit-for-tat move, China is reportedly weighing its own restrictions on artificial intelligence technology in response to US measures. The development comes amid escalating tensions between the two nations.
Meanwhile, US-Iran strikes continue to escalate even as diplomatic talks appear to be ongoing, adding to geopolitical uncertainty.
In monetary policy, the Reserve Bank of New Zealand raised its benchmark interest rate for the first time in three years, signaling a shift toward tighter policy to combat inflation.
Source: FXStreet Forex News