U.S. economy follows a path to control inflation and maintain a robust labor market = Treasury Secretary | Reuters

2023-06-30 17:14:00 U.S. Treasury Secretary Yellen said on Monday that the U.S. economy is on track to keep inflation under control and maintain a strong labor market, even if it cools a little more. Photo taken in April 2022 (2023 REUTERS/Tom Brenner) [30日 ロイター] – U.S. Treasury Secretary Janet Yellen said on Monday that the … Read more

China Corona Demonstration: What Experts See | Reuters

(Archyde.com) – China’s draconian measures against the novel coronavirus have sparked public protests, raising concerns about the economic impact. On the 28th, the stock market and crude oil prices fell sharply. Here are the views of market participants: China’s strict measures against the new coronavirus have led to a series of citizen protests, raising concerns … Read more

EU sanctions against Russia fail, new strategy needed = Hungarian Prime Minister | Reuters

On July 23, Hungarian Prime Minister Viktor Orban (pictured) said EU sanctions on Russia were ineffective and a new strategy was needed. Taken in May in Brussels (2022 Archyde.com / Johanna Geron) [ブダペスト 23日 ロイター] –Hungarian Prime Minister Viktor Orban said on the 23rd that the European Union (EU) sanctions against Russia have not been … Read more

Angle: China’s never-ending “Zero Corona” policy prolongs its impact on the economy | Reuters

[Beijing, 14th Archyde.com]-China has made minor revisions to its “dynamic zero” policy to strictly curb infections over the new coronavirus, but there are no signs of a breakthrough, and vaccination is lagging behind. This is likely to continue to cast a dark shadow on the Chinese economy. China has made minor amendments to its “dynamic … Read more

US consumer spending rises 0.2% in May Inflation rises 0.6% | Reuters

[Washington, 30th Archyde.com]–The US Department of Commerce announced on May 30 that consumer spending (PCE) in May increased by 0.2% from the previous month. April was revised downward from the previous announcement (up 0.9%) to an increase of 0.6%. The May market forecast was up 0.4%. Private consumption accounts for more than two-thirds of America’s … Read more

If the situation does not change, support for a 75bp rate hike in July = US Federal Reserve Bank of Cleveland Governor | Reuters

On June 29, Mester, Cleveland District Fed President (pictured), said he would support a 75 basis point (bp) rate hike at the next Federal Open Market Committee (FOMC) in July if economic conditions remain unchanged. Showed posture. Taken in London, July 2019 (2022 Archyde.com / Marc Jones) [Archyde.com]–Mester, Cleveland District Fed President, said yesterday that … Read more

Western sanctions against Russia, triggering global economic crisis = President Putin | Reuters

Russian President Vladimir Putin said on the 12th that the strict sanctions imposed on Russia by Western countries following the Ukrainian conflict caused a global economic crisis and catastrophic inflation. Taken in April (2022 Archyde.com / Sputnik / Mikhail Klimentyev / Kremlin via REUTERS) [Archyde.com]-Russian President Vladimir Putin said on the 12th that the strict … Read more