The president of the European Central Bank seems to be quite confident in managing inflation in the eurozone. The Eurozone’s CPI in April also stabilized in the 2% range in April. The likelihood of a rate cut for the euro is growing.
In addition, the Bank of England has joined the ECB’s move. Europe’s economic recovery seems to be accelerating for now. FED in the U.S. is taking a slightly different path than the European one.
In the United States, worries about a recurrence of inflation appear to be relatively high. Internally in the U.S., commercial real estate issues, local small and medium-sized banks, etc.
This is because we believe that only when it is resolved can we move on to the next step rather than when and how much to cut interest rates,
It seems to be a willingness to solve internal difficulties and move on. It remains to be seen whether it will be possible to solve it, just showing a willingness to solve it seems meaningful.
U.S. stock market rose slightly today.
