German Consumer Confidence Takes a Hit: January Forecast Revealed
Recent reports suggest a significant decline in German consumer confidence in January. Industry experts are preparing for potential impacts as reasons behind this downturn remain s...
Economy News
BOK Governor Urges Swift Economic Stimulus to Combat Economic Downturn
BOK Governor Rhee Chang-yong calls for immediate economic stimulus through active fiscal policy to combat economic downturn caused by recent political turmoil. He warns of long-ter...
BoJ Stands Pat on Interest Rates: What's Next for Japan's Economy?
The Bank of Japan maintains its benchmark interest rate at 0.25%, reflecting a strategy of stability amidst a complex economic environment. This decision aims to balance growth and...
Korean Won-Dollar Exchange Rate Surges to 1,450 Won Amid Fed's Rate Cut Adjustment
The Bank of Korea announces readiness to stabilize markets as the won-dollar exchange rate surpasses 1,450 won due to the U.S. Federal Reserve's adjustment in the pace of interest ...
Korean Government Takes Immediate Action to Stabilize Financial Markets Amid U.S. Interest Rate Cuts
The Korean government held an emergency meeting to assess the impact of the U.S. Federal Reserve's interest rate cut, leading to increased volatility in financial markets. Measures...
Fed's Powell Rules Out Bitcoin Ownership, Won't Seek Law Change
Jerome Powell, US Federal Reserve Chair, says the central bank cannot own Bitcoin under current law and won't seek changes. Powell previously criticized Bitcoin for being volatile ...
Jerome Powell Leaves Door Open for Potential Rate Hikes in 2024
Federal Reserve Chair Jerome Powell did not rule out the possibility of rate hikes in 2024, stating that while unlikely, it remains a possibility given current inflation trends.
Jerome Powell's Optimistic Outlook on US Economy for 2025
Federal Reserve Chair Jerome Powell expressed optimism about the US economy for 2025, citing a successful avoidance of recession and a strong policy stance. He also noted geopoliti...
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