When inflation is above that target, the Bank typically puts rates up. The idea is to encourage people to spend less, reducing demand for goods and services and limiting price rises.
Фото: Marco Garcia / Reuters
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In 2026, 20 teams will compete in 55 matches across five venues. The 20 qualifying teams are divided into four groups of five. In the group stage, each team will play four matches in a round-robin format, with the top two teams in each group advancing to the Super 8 stage. At this point, teams will be placed into two groups of four, and will play three matches. The top two teams in each group will advance to the knockout stage.
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Chinese President Xi Jinping and Premier Li Qiang on 5 March