US Economic Growth Remains Steady Despite Rising Inflation in Late 2024
2 months ago
The United States economy showed remarkable resilience through the end of 2024, marked by sustained growth and a notable uptick in inflation. According to recent data released, while GDP figures illustrated steady expansion, inflation metrics indicated that economic pressures were beginning to mount.
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South Korea's Bank of Korea May Implement Three Rate Cuts in 2025, According to Recent Survey
6 months ago
In a significant shift in economic forecast, a recent survey conducted among economists suggests that the Bank of Korea (BOK) is likely to carry out three interest rate cuts rather than the two previously anticipated in the upcoming year of 2025. This adjustment points toward an evolving economic landscape in South Korea, driven by changing inflation rates and shifting monetary policy approaches.
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