Reported about 1 year ago
Federal Reserve officials project one interest-rate cut this year with further reductions in 2025, keeping borrowing costs high to curb inflation, while the Bank of Japan delays specifics on bond buying cuts until July, leaving the yen at risk of further declines. Far-right European political victories lead to a weaker euro, South Korea's labor market slows, Britain's economic recovery stalls, the euro-zone sees a dip in industrial production, and Israel faces inflation from conflict. Global markets adjust as interest rates stabilize in various countries while nuclear energy demand surges post-Fukushima and amid climate change concerns.
Source: YAHOO