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the korea daily
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Jerome Powell
CONSUMER
Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy
May 6, 2025 4:17 PM PDT
President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...
BUSINESS
Bank of Korea signals a change in stance after Fed’s big hike
Sep 22, 2022 10:45 AM PDT
A board at KB Kookmin Bank in Yeouido shows the won at 1,409.7 won against the dollar on Thursday after weakening 15.50 won...
BUSINESS
[BREAKING] Another 0.75 Percentage Point Rate Hikes by Fed
Sep 21, 2022 11:23 AM PDT
Federal Reserve decided its thrid consecutive rate hikes of 0.75%p lifting the benchmark of federal funds rate to a range between 3% and 3.25%,...
BUSINESS
Bank of Korea’s Rhee nonplussed by Powell’s hawkishness
Aug 30, 2022 1:33 PM PDT
Bank of Korea Gov. Rhee Chang-yong said the central bank's monetary policy direction remains unchanged following hawkish remarks from the U.S. Fed chief in...
BUSINESS
Won renews 13-year low against the dollar on Friday
Jul 15, 2022 1:17 PM PDT
The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark. It reached as low as 1,326.10 won, down more...
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