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Inflation calms down, 3-class division, US rents rise, job insecurity, poverty increases As inflation calms down in the US economy, the legacy of interest rate cuts has led to the division of the 3-class into the wealthy, upper-middle class, and the poor, and the 'poverty index', which suffers from absolute poverty due to rising rents and job insecurity in the US, has risen. The New York Times r..

August inflation 2%, housing cost intentionally excluded, housing loan highest ever In the calculation of the August price index, Korea's price system intentionally excluded housing cost for the purpose of establishing a high-speed growth of the Cold War system, and in August, housing loan rose to an all-time high and the consumer price index came out at 2.0%. The increase in household loans by ..

U.S. commercial real estate prices plummet, fiscal deficit increases, and inflation increases in own housing costs In the United States, city government budgets decreased as commercial real estate prices in urban centers plummeted, while inflation in February increased, aggravating inflation in own housing costs. American cities are taking a hit as city budgets, which rely on taxes associated wi..

The Korean economy is ‘deformed’ due to the destruction of fuel demand and the decline in oil prices, which increases inflation As international fuel demand was destroyed, the deformed structure of the Korean economy began to appear, with oil prices falling and the inflation rate rising. The 'September consumer prices' announced by Statistics Korea on the 5th was a consumer price index of 112.99..

Trade polarization in Korea, exports to China continue to decline, dividend income to Japan soars In the Korean economy, the polarization between automobiles and semiconductors has deepened due to a decrease in imports and semiconductor exports, while China's exports continue to decline, and Japan's dividend income soars and exports to the United States increase. China's National Bureau of Stati..

US Federal Reserve ‘Commercial Real Estate Risk’ Korea Jeonse Deposit Refinance Fraud Derivatives ‘Credit Crunch’ The U.S. Federal Reserve issued a report on the risk of commercial real estate loans, and local banks, where loans are concentrated, are losing up to 10% as deposit outflows increase. According to the “Financial Market Trends” announced by the Bank of Korea on the 11th, as of the end..

The consumer price index (CPI) of the US in January, which was the inflation standard, rose 6.4% year-on-year and jumped 0.5% month-on-month. Retail sales in January, announced by the U.S. Department of Labor on the 14th, increased by 3% from the previous month, the largest increase since March 2021 due to the corona shock. The 2-year US Treasury yield, which is sensitive to the US benchmark int..

The cash balance of international fund managers rose to the highest level in 20 years, reaching a '15% weight' in their portfolios. "Cash is now becoming a viable asset class because of what's happening with interest rates," said Paul Nolt of Kingsview Investment Management. he told Reuters. Regarding his high holdings on cash, he said, "It gives me a chance to look around the financial markets ..

In the United States, the unemployment rate in June was 3.6%, wages rose by 5.1%, and consumer price rose by 9%, leading to a low unemployment rate that stimulates inflation. The U.S. Department of Labor said the unemployment rate in June employment statistics was 3.6%, similar to the previous month and 3.5% in February 2020 just before the coronavirus. In the US, the Consumer Price Index (CPI) ..

Inflation rises to 0.65% every month, rising from 6% in June to 7% in July and August. If you include the cost of owning a house like in the United States, it is expected to rise by around 10%. Foreign exchange reserves also fell to $438.28 billion as of June, down $9.43 billion from $447.71 billion at the end of the previous month. On the 1st, the government stimulated the consumer price increa..