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
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
U.S. economic growth in the fourth quarter of 2022 (October-December 2022) outperformed market expectations and moderately slowed as the Fed hopes to keep inflation under control without impeding growth. But economists who have dug into the details of the statistics also see enough warning signs to suggest there remains a significant risk of a recession … Read more
U.S. real gross domestic product (GDP) figures for the first quarter of last year increased at a healthy pace. However, a series of interest rate hikes by the Fed risks slowing growth this year. Key Point Preliminary real GDP for October-December increased by 2.9% year-on-year compared to the previous quarter The median forecast of economists … Read more
Al-Marsad newspaper: The Ministry of Justice has announced the modification of some articles of the executive regulation of the implementation system, with the aim of obtaining prompt justice and rapid delivery of the amounts to the beneficiaries, who have asked for their shares and debts. The changes included: the annulment of paragraph 56/1 of the … Read more
AFC South is highly competitive. Both the Jacksonville Jaguars and Tennessee Titans have yet to snatch the playoff qualifying division crown. The fight will only be decided on the last game day when the two meet. It doesn’t matter what happens in week 17. That’s why Peter Schrager has already spoken on “Good Morning Football” … Read more
Photo: China News Service/gettyimages China has so far implemented strict regulations to prevent the spread of the new coronavirus. However, as protests by young people spread across the country, the government suddenly announced a “Notice Concerning Further Improvement of New Coronavirus Infection Prevention and Control Measures” (New Article 10). PCR testing sites disappeared overnight and … Read more
The US Federal Open Market Committee (FOMC) will decide to slow the pace of interest rate hikes at its meeting on the 14th, but the terminal rate (the ultimate destination of interest rates) is expected to be higher than expected in precedence. As Fed Chairman Jerome Powell said, this is not an accommodative change, but … Read more
Título original: A Japanese man died in a detention center and was tied up and raped by several policemen Okazaki Police Station, Aichi Prefecture (Mainichi Shimbun) Overseas Network, December 13th According to Japan’s “Mainichi Shimbun” 13 report, an unemployed man detained by the police in Okazaki City, Aichi Prefecture, Japan, died recently in a detention … Read more