Bank of England Aims for Predictability Amid Price FluctuationsDespite the drop in U.K. inflation, the Bank of England (BOE) maintained interest rates at 5.25%. Euronews reported on the 20th (local time) that the BOE decided on monetary policies in line with the market expectations and maintained the interest rate for the seventh consecutive time. Although the possibility of a decrease was raised as […]
Inflation Cooling: U.S. Consumer Prices Show Signs of ReliefThe major indices of the US stock market are showing strength on May 15 (local time) amid a slowdown in the rise of the US Consumer Price Index (CPI). The US Department of Labor announced on the same day that the April CPI increased by 3.4% compared to last year. Last month’s CPI matched the […]
Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong EconomyJerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the market’s hopes for a cut in the benchmark interest rate. According to the Wall Street Journal (WSJ) on the 16th (local time), Powell said at an economic forum in Washington, D.C., “Recent indicators have not given us more confidence. Rather, it suggests that […]
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Putin Sends 70+ Animals to North Korea’s Zoo—Including Female Lions
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Bank of England Aims for Predictability Amid Price Fluctuations Despite the drop in U.K. inflation, the Bank of England (BOE) maintained interest rates at 5.25%. Euronews reported on the 20th (local time) that the BOE decided on monetary policies in line with the market expectations and maintained the interest rate for the seventh consecutive time. Although the possibility of a decrease was raised as […]
Inflation Cooling: U.S. Consumer Prices Show Signs of Relief The major indices of the US stock market are showing strength on May 15 (local time) amid a slowdown in the rise of the US Consumer Price Index (CPI). The US Department of Labor announced on the same day that the April CPI increased by 3.4% compared to last year. Last month’s CPI matched the […]
Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong Economy Jerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the market’s hopes for a cut in the benchmark interest rate. According to the Wall Street Journal (WSJ) on the 16th (local time), Powell said at an economic forum in Washington, D.C., “Recent indicators have not given us more confidence. Rather, it suggests that […]
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