National Assembly Opposition Parties Focus on Financial Industry Reform: PF Liquidation and Random Tax Law on the Horizon
The opposition of the 22nd National Assembly between the opposition parties and the opposition parties… PF ‘separating the stones’ begins in earnest Expect a flood of ‘people’s livelihood’ bills… Will the ‘random tax law’ be pushed through again? Labor union members also receive gold badges… the burden on the financial industry is likely to increase […]
Powell: Interest rates will fall within the year, but we need to be confident about prices
◀ Anchor ▶ U.S. Federal Reserve Chairman Jerome Powell has made it clear that he will lower the benchmark interest rate within this year. However, he again emphasized the need for ‘confidence’ that prices have been clearly controlled. This is Correspondent Lim Kyung-ah from New York. ◀ Report ▶ Federal Reserve Chairman Jerome Powell appears […]
Powell: Interest rates will fall within the year, but we need to be confident about prices
◀ Anchor ▶ U.S. Federal Reserve Chairman Jerome Powell has made it clear that he will lower the benchmark interest rate within this year. However, he again emphasized the need for ‘confirmation’ that prices have been more clearly controlled. Correspondent Lim Kyung-ah reports from New York. ◀ Report ▶ Federal Reserve Chairman Jerome Powell appears […]
The Central Bank of Egypt will decide interest rates today following the Monetary Policy Committee meeting
The Central Bank of Egypt will meet at the end of business today, Thursday, February 1, 2024, to decide interest rates after the overnight lending rate was maintained at 20.25%, while the overnight deposit rate remained at 19.25% during the bank’s last meeting. It is noteworthy that the Board of Directors of the Central Bank […]
The Monetary Policy Committee of the Central Bank of Egypt meets today to decide interest rates
It is noteworthy that the Board of Directors of the Central Bank of Egypt issued a set of decisions that include exempting customers from all expenses and commissions related to bank transfer services for individuals that are made through electronic channels (the Internet and mobile banking) in Egyptian pounds, as well as exempting from all […]
Bank of Korea Governor Plans to Maintain Interest Rate Freeze despite Different Approach from Federal Reserve
[비즈니스포스트] As Bank of Korea Governor Lee Chang-yong shows his stance to implement a monetary policy that is different from that of the US Federal Reserve, there are concerns that the interest rate freeze policy will be prolonged. This is because, apart from the fact that the Federal Reserve is expected to change its monetary […]
Federal Reserve Keeps Interest Rates Unchanged Amid Predicted Rate Cuts and Economic Projections
US Federal Reserve Keeps Interest Rates Unchanged Federal Reserve Board Chairman Jerome Powell addressed the media at the Federal Reserve on Wednesday, December 13, 2023, in Washington. The two-day interest rate meeting concluded with the unanimous decision to hold interest rates steady for the third consecutive time. The federal funds rate remained between 5.25% and […]
Bank of Japan’s Concerns over Weak Consumption and Future Policy Changes
Bank of Japan Faces Growing Concerns Over Weak Consumption Recent Comments by BOJ President Misinterpreted by Markets Recent weak consumption trends have raised new concerns for policymakers at the Bank of Japan (BoJ), indicating that market expectations for an imminent interest rate hike may be exaggerated. Reuters reported Friday, citing sources familiar with the matter. […]
Japanese Yen Surges Against US Dollar as Bank of Japan Signals Policy Change
Japanese Yen Surges Against US Dollar in Midday Trading During midday trading on Thursday (7th), the Japanese yen made significant gains against the US dollar, surpassing the 146 mark and experiencing a more than 1% increase for the day. The yen rose to a more than three-month high of 145.55, signaling a strong performance in […]
Austerity Fears and Tesla’s Disappointing Performance Shake New York Stock Market
Market Anxiety Over Austerity Measures and Federal Reserve’s Monetary Policy The New York stock market is feeling a growing concern that austerity measures will persist longer than expected. This unease is exacerbated by every statement made by the head of the Federal Reserve System (Fed) regarding future monetary policy. The fluctuating US Treasury yields serve […]
