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According to the Wall Street Journal, the Trump administration is in talks to provide funding for U.S. drone companies.
2026-05-28
According to the Wall Street Journal, the Trump administration is in talks to provide funding for U.S. drone companies.
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2026-05-27
US Dollar: 1. Former New York Fed President Dudley: Inflation has failed to reach its target for years, threatening the Fed's credibility. 2. Fed President Kashkari: A protracted war with Iran could trigger a "series" of US interest rate hikes. The
US Dollar: 1. Former New York Fed President Dudley: Inflation has failed to reach its target for years, threatening the Fed's credibility. 2. Fed President Kashkari: A protracted war with Iran could trigger a "series" of US interest rate hikes. The Fed must focus on inflation risks; it's too early to predict the next move. Euro: 1. ECB Chief Economist Lane: There's no need to correct market speculation about a June rate hike. 2. ECB Governing Council Member Sleipen: The ECB will "do everything in its power" to curb inflation. 3. ECB Governing Council Member Stournaras: A June rate hike is highly likely. Japanese Yen: 1. Bank of Japan Governor Ueda Kazuo warned that oil price shocks could fuel persistent inflation. 2. Bank of Japan official: Japan's financial environment remains loose, supporting economic activity. Other: 1. Australia's core inflation rate in April remained above the upper limit of the target range. 2. Indonesia announced an additional economic stimulus package of approximately $400 million for 2026. 3. Amid the political crisis, Turkey's central bank's foreign exchange reserves decreased by $8.5 billion last week. 4. The Bank of Korea: As of the end of March, South Korea's short-term external debt was $183.6 billion, compared to $179.4 billion at the end of December 2025. South Korea's short-term external debt accounted for 43.3% of its foreign exchange reserves, compared to 41.9% at the end of December 2025. 5. Nicholas Vincent, Deputy Governor of the Bank of Canada, stated that the country's labor market is undergoing structural changes, evidenced by its "low hiring, low layoffs" environment, which will complicate monetary policy formulation. 6. The Reserve Bank of New Zealand kept interest rates unchanged for the third consecutive time, suggesting a possible earlier and larger rate hike. Reserve Bank of New Zealand Governor Brehman stated that a rate hike is only a matter of time.
2026-05-28
Federal Reserve Governor Cook: It may take a long time to see structural changes in the economy brought about by artificial intelligence.
Federal Reserve Governor Cook: It may take a long time to see structural changes in the economy brought about by artificial intelligence.
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