06:30:22
S&P: U.S. consumer price inflation is expected to average 2.8% in 2024 and fall to 2% in the next few years.
06:24:12
According to Nikkei: Japan will soon relax residence regulations for entrepreneurs.
06:13:46
S&P: The U.S. current account deficit will account for 3.0% of GDP in 2023 and is expected to remain around this level from 2024 to 2027.
06:13:41
According to the Japan Broadcasting Corporation: Japan will stop subsidies for electricity and natural gas from June.
06:12:18
S&P: The ratio of U.S. foreign debt (net of current assets) to current account income is expected to remain at around 375% from 2024 to 2027.
06:12:12
S&P: We do not expect negotiations on the 2025 budget to take place until after the US elections.
06:12:04
S&P: The United States is likely to continue to rely more on incentives rather than sanctions to promote the energy transition and other climate change policies.
06:11:57
S&P: We assume that the United States can pass a short-term continuing resolution to avoid a government shutdown during the election campaign after September; on the eve of the election, we do not expect to pass controversial legislation.
06:10:32
S&P: U.S. GDP growth is expected to be 2.5% this year, and real GDP growth is expected to average 1.7% from 2025 to 2027.
06:10:04
S&P: The U.S. economy is expected to grow by about 2% in the medium term.
06:09:47
S&P: U.S. net general government debt is expected to exceed 100% of GDP within the next three years.
06:09:32
S&P: The stable outlook for the United States reflects the institutional checks and balances in the United States, the free flow of information that contributes to stability, and the predictability of economic policy.
06:08:49
S&P: The U.S. outlook remains stable, indicating that we expect the U.S. economy to continue to remain resilient and to implement monetary policy proactively and effectively.
06:08:41
S&P: The credibility of U.S. monetary policy and its status as an international reserve currency provide tremendous policy flexibility.
06:06:33
The U.S. dollar index DXY rose nearly 10 points in the short term and is currently at 104.37.
06:05:01
Fed Governor Waller: Not sure productivity can maintain its current strong growth rate.
06:04:55
Fed Governor Waller: The Fed has made great progress in reducing inflation.
06:04:27
Fed Governor Waller: Wage pressure has eased.
06:04:10
Fed Governor Waller: The data shows mixed information on employment.
06:04:05
Fed Governor Waller: There is "still no need to rush" to cut interest rates under the current economic situation. The Fed may need to maintain the current interest rate target for longer than expected, and data shows that it may reduce the number of interest rate cuts this year.