According to Yonhap News Agency, Han Dong-hoon, a representative of the ruling party in South Korea, said that Yoon Seok-yuk's early resignation was inevitable.
Indian crypto trading platform WazirX has opened the second phase of INR withdrawals in the Indian rupee ahead of schedule yesterday, after the second phase was originally scheduled to open on September 9, allowing eligible users to withdraw up to 66% of their INR balance. Previously, WazirX launched Indian rupee withdrawals in stages on August 26, allowing users to withdraw 33% of their balance in the first stage.
The strongest sound of interest rate cuts came from Jackson Hole. Powell cut interest rates a month earlier? The non-farm payroll data was revised sharply, and Wall Street was angry about the "scam"! The dollar is going downhill, and gold is hovering near an all-time high... What stimulus markets did you miss this week?
On August 23rd, Sam Stovall, chief investment strategist at CFRA Research, said that it was a bit surprising that Powell was very clear in his statement that inflation was falling. In addition, the Federal Reserve also believes that inflation will continue to decline, and employment has not been adversely affected. Powell wants to let the market know that the Fed is not behind the curve. By making clear the possibility of a rate cut in September, Powell is actually cutting rates a month earlier....
The strongest sound of interest rate cuts came from Jackson Hole. Powell cut interest rates a month earlier? The non-farm payroll data was revised sharply, and Wall Street was angry about the "scam"! The dollar is going downhill, and gold is hovering near an all-time high... What stimulus markets did you miss this week?
Reserve Bank of Australia President Brock: The market's expectations for interest rate cuts are too advanced.
Mr. Akcay, deputy governor of Turkey's central bank, said the risks of early monetary easing outweighed a delay and could reignite inflation. A rate cut is not currently under consideration. Monetary easing also depends on the pace of improvement in inflation expectations and modest changes in domestic demand.