White House Economic Adviser Says Fed Actions Starting To Cool U.S. Economy-CNN

White House Economic Adviser Says Fed Actions Starting To Cool U.S. Economy-CNN

WASHINGTON (Reuters) – White House economic adviser Cecilia Rouse said on Sunday that Federal Reserve interest rate hikes were starting to cool the “red-hot” U.S. economy, especially labor and housing markets, but inflation was still too high. Rouse, who chairs the White House Council of Economic Advisers, told CNN that the Biden administration would work…

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S.Korea To Scrap Taxes For Foreigners' Income From Bonds - Minister

S.Korea To Scrap Taxes For Foreigners’ Income From Bonds – Minister

SEOUL (Reuters) – South Korea’s finance minister said the government will scrap taxes on foreigners’ income from investments in treasury bonds and monetary stabilization bonds from Monday. Speaking to reporters late on Saturday in the United States after a meeting of Group of 20 finance ministers and central bankers, Choo Kyung-ho said the government decided…

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