On January 31st, the core PCE price index, the Federal Reserve's "favorite" inflation measure, stabilized at an annual rate of 2.8% for the third consecutive month, in line with market expectations.
On December 4, South Korea's Finance Minister Choe Sang-mu said on Wednesday that the government will take all possible measures to stabilize the financial marekt if necessary after the General Secretary of South Korea declared martial law. "We will use all possible financial and foreign exchange market stabilization measures, including an unlimited injection of liquidity," Choe Sang-mu said at an emergency economic chiefs' meeting. The won briefly fell to 1430 against the dollar, its lowest lev...
The South Korean side said it would take all necessary measures to stabilize the market. The South Korean government said that South Korea will provide unlimited liquidity to the market if necessary.
Oil prices rebounded slightly overnight but failed to stabilize the 70 mark. The Iraq-Israel conflict remains highly unstable, but it may be difficult to make waves again before the actual crude oil supply is disrupted.
On October 12, Minister of Finance Lan Foan said at a press conference of the State Council Information Office that the Ministry of Finance will use local governments and other tools to support the real estate market.
1. Meeting of the Political Bureau of the Central Committee of the Communist Party of China: To promote the real estate market to stop falling and stabilize. 2. Poly Development fired the first shot of "insured price". 3. Hangzhou launched a "trade-in" activity for commodity housing. 4. The stock of housing loans has not been reduced. Existing home buyers plan to travel, and the industry is expected to land in October. 5. Wenzhou: Support the use of housing provident fund for housing ticket plac...
ECB Governing Council Member Khazaks: Even if inflation remains stable, interest rate cuts are still possible.
Shinichi Uchida, deputy governor of the Bank of Japan: If the market is unstable, there will be no interest rate hikes. There are some factors that make us more cautious about raising interest rates.