Yellen: Our economy has proven more resilient than thought
"I continue to believe there is a way to reduce inflation while maintaining a healthy labor market," said US Treasury Secretary Janet Yellen.
US Treasury...
Atlanta Fed President favors ‘wait-and-see’, not increase
Atlanta Fed President Raphael Bostic reiterated his views on keeping interest rates stable, stating that Fed President Jerome Powell feels much more urgency about...
Critical revision in US growth data
In the third reading for the first quarter, the growth data in the USA was revised from 1.4 percent to 2 percent.
While the expectations...
Rapid decline in US jobless claims
Unemployment claims in the US showed the sharpest drop since October 2021 last week.
Applications for unemployment benefits in the USA fell to 239 thousand,...
New limitation on artificial intelligence chip from the USA
The US is reportedly considering new restrictions on the export of artificial intelligence chips to China.
The U.S. Department of Commerce may take action as...
What conclusions came from the Fed’s stress test?
The Fed's stress test for banks, which is one of the topics followed by global markets recently, has been completed. The test showed that...
Powell: We continue to monitor banking closely
Fed Chairman Jerome Powell stated that they are closely following the developments in the banking sector.
Fed Chairman Jerome Powell said on Thursday that the...
Biden wants to persuade undecided voters with ‘Bidenomics’
US President Joe Biden made statements about his economic plan “Bidenomics” in Chicago, Illinois. In Biden's economic plan, regulations that will increase the welfare...
US consumer confidence at 17-month high
In the US, the Conference Board Consumer Confidence Index rose 7.2 points month on month to 109.7 in June, recording its highest level since...
US durable goods orders rise in May
Durable goods orders in the US rose 1.7 percent month-on-month in May, rising against expectations of a decrease.
The US Department of Commerce released data...