If you are in any way interested in precious metals, you need to see what today’s video sponsor, Monetary Metals, is doing with them at the link below:
South Korea had been on the side of the Fed, sticking with interest rates opting to see about trade war “uncertainty” before doing anything. That lasted all of four weeks. The list of central banks able to sit by and watch CPI has thinned down to just the one Mr. Powell runs. And the update to Q1 GDP in the US holds the key as to why.
Eurodollar University’s Money & Macro Analysis
Bloomberg Bank of Korea Flags More Rate Cuts to Come as Tariffs Hit Growth
https://www.bloomberg.com/news/articles/2025-05-29/bok-cuts-rate-to-cushion-economy-from-tariffs-political-turmoil
CNBC Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead
https://www.cnbc.com/2025/05/29/south-korea-central-bank-cuts-interest-rates-.html
ChosunBiz Bank of Korea lowers interest rate to 2.50%, signals possibility of further cuts
https://biz.chosun.com/en/en-policy/2025/05/29/E5KPW2LQYFGPRF5EM5G3RUM4XQ/
Bloomberg Banxico Sees Growth of 0.1% This Year, Rules Out Recession
https://www.bloomberg.com/news/articles/2025-05-29/bank-lending-to-private-credit-funds-swells-145-in-five-years
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU