Inflation 70

U.S. consumer price rises 9.1%, Bloomberg says interest rate rises by 1%

The US Consumer Price Index rose 9.1% from the previous year, and the interest rate is expected to rise by 1% at the end of this month. The cost of living' index announced that it rose 0.8% compared to May. "The rise in the consumer price index in the 12-month period ending in June was the fastest since November 1981," the U.S. Department of Labor said in a statement today. "It was responsible f..

카테고리 없음 2022.07.14

Bank of Korea’s ‘inflation rate of 7% in July’ foreign exchange reserves decreased by US$9.4 billion in June

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..

카테고리 없음 2022.07.05

Nomura ‘Korea 3Q –2.2% long-term recession housing market collapse’

Due to the weak yen, Korea experienced a -2.2% economic recession in the third quarter, which could lead to a prolonged recession and a collapse of the housing market at the same time. In a research note on the 4th, Nomura Securities said, "Countries can no longer rely on a rebound in exports for growth due to the accompanying slowdown in the global economy." predicted that Regarding the housing..

카테고리 없음 2022.07.04

U.S. mortgage rates doubled - Japan's low interest rates - Korea's 'interest rate inversion'

Mortgage rates doubled amid a sharp rise in US interest rates, Japan chose to stimulate the economy by maintaining ultra-low interest rates, and Korea leaned toward stimulus by allowing interest rates to reverse. In the US financial markets, stock markets fell sharply as the Federal Reserve raised interest rates to tackle inflation, while mortgage rates continued to soar. The Washington Post rep..

카테고리 없음 2022.06.17

Biden 'Inflation Emergency No War' Yoon Seok-Yeol 'Inflation Stimulates the Economy'

While the US White House started an 'emergency' as a strong response to rapid inflation for the first time in 40 years, President Yoon Seok-yeol and Minister of Economy, After President Biden complained to his aides about dealing with inflation, the White House struggled with inflation and wrote a New York Times article 'No War with Russia'. The Washington Post reported on the 31st of last month..

카테고리 없음 2022.06.01

Institutionalization of chaebol American corporations to block remittances in Korea from corporate tax payment to the United States

Institutionalization of chaebol American corporations to block remittances in Korea from corporate tax payment to the United States The Yoon Seok-yeol administration, which follows hardline conservatism in the United States and the United States, is taking shape before the US corporate tax on the basic design of corporate capital transfer by chaebol conglomerates. According to the Ministry of St..

카테고리 없음 2022.05.30

Recession Causes high inflation through fiscal expansion in response to reduced exports

While the government took an approach to induce high inflation by choosing to stimulate the economy by relying on fiscal expansion despite increasing inflationary pressure, the United States chose to respond to inflation when wage growth fell far short of inflation. President Yoon Seok-yeol said at a macro-financial review meeting on the 13th, "The financial and foreign exchange market volatilit..

카테고리 없음 2022.05.13

U.S. mortgage rates soar, South Korean semiconductors fall at ‘highest level of uncertainty’

The Washington Post reported on the 29th that U.S. new home sales fell for the third straight month through March due to rising interest rates, and the 3% mortgage rate, which had been maintained for 10 years, exceeded 5% for the first time, "creating new economic uncertainty," The Washington Post reported on the 29th. The U.S. economy plunged unexpectedly to 1.4 percent per annum in the first t..

카테고리 없음 2022.04.29

'Severe recession' next year due to interest rate hike on US inflation

International financial institutions have been unveiling their prospects for a bigger recession next year in response to interest rate hikes in response to inflation. The World Bank, in a report released on the 27th, said that food and energy prices, which soared in the Ukraine war, will be maintained for the next three years, and that the global economy is highly likely to undergo stagflation i..

카테고리 없음 2022.04.27

Growth plunged in 1Q, Bank of Korea 'Strong U.S. tightening in May' industrial restructuring

The Bank of Korea (BOK) raised the US interest rate in May and announced industrial restructuring with a $95 billion tightening diagnosis in August due to strong austerity in the sale of mortgage-backed securities (MBS) in the second half of the year. The Wall Street Journal predicted on the 25th that, according to an expert survey, Korea's GDP growth rate in the first quarter was 0.6% compared ..

카테고리 없음 2022.04.25