U.S. Treasury Secretary Janet Yellen said on Monday that the U.S. economy was “strong and resilient” and that a recession was still on a avoidable trajectory. “We envision a trajectory in which inflation is significantly lower and the economy remains strong,” Yellen said in an interview with ABC Television. U.S. consumer price index (CPI) growth … Read more
Bank of Japan Governor Haruhiko Kuroda said on the 6th that the large-scale quantitative and qualitative monetary easing (QQE) that has been implemented over the past decade, “I don’t think there is any other good way to do it as a monetary policy.” showed recognition. Reply at the House of Representatives Budget Committee. In April … Read more
The US stock market continued to rise on the 1st. Federal Reserve Chairman Jerome Powell said at a news conference after the Federal Open Market Committee (FOMC) meeting that the Fed was making progress in its fight against inflation. But he also warned that further rate hikes would likely be justified. stock closing price Compared … Read more
At the Federal Open Market Committee (FOMC) meeting on the 1st, the Fed is expected to continue tightening monetary policy aimed at curbing inflation, while continuing to narrow down the range of interest rate hikes. Federal Reserve Board (FRB) Chairman Jerome Powell, who will hold a press conference after the meeting, is expected to dismiss … Read more
In the United States, the fourth quarter of last year saw job cost growth fall short of market expectations. With new signs of slowing inflation, the Federal Open Market Committee (FOMC) has strengthened its argument for reducing rate hikes at its meeting this week. Key Point Fourth-quarter U.S. employment cost index, seasonally adjusted, rose 1% … Read more
China urged U.S. House Speaker McCarthy not to visit Taiwan. He raised concerns that tensions like those seen when former US House Speaker Nancy Pelosi visited Taiwan last year would flare up again. “We urge certain American individuals to sincerely follow the one-China policy,” Foreign Ministry spokesman Mao Ning said at a regular press briefing … Read more
![[U.S. market]Nasdaq 100, sharpest week since November – USD 129 yen – Bloomberg](https://i0.wp.com/assets.bwbx.io/images/users/iqjWHBFdfxIU/ihZ1LCcRkqKY/v0/1200x900.jpg?fit=%2C&ssl=1 "[U.S. market]Nasdaq 100, sharpest week since November – USD 129 yen – Bloomberg")
The US stock market continued to rise on the 27th. Amidst signs of a slowdown in inflation, expectations for a small interest rate hike have strengthened. Earnings forecasts from some of the tech giants fell short of expectations, but the impact on the market was limited. stock closing price Compared to the previous business day … Read more
Investors are buying European stocks at the fastest pace in almost a year. Meanwhile, inflows into U.S. equities have been sluggish amid recession fears. A report by Bank of America (BofA) showed. European equity funds received $3.4 billion in inflows in the week ending Friday, according to the report, which strategists including Michael Hartnett cited … Read more
Last December, the U.S. Personal Consumption Expenditure (PCE) price index saw its slowest growth in more than a year, with both the headline index and the core index, which excludes food and energy, slowing further from a year earlier. Meanwhile, spending fell, fueling speculation that the Fed would slow its pace of rate hikes even … Read more
Executives of the Financial Services Agency instructed top management of regional banks to accurately analyze and understand the impact of rising domestic interest rates on their portfolios and credit costs, and give priority to responding to market fluctuations. I found it encouraging. This was confirmed by several people familiar with the matter. At a meeting … Read more