Waller's Rate Warning, U.S. Airstrike on Iran, Stock Market Turmoil (7/13)
On July 13, Federal Reserve Board member Christopher Waller mentioned that if core inflation is higher than expected, a rate hike should be considered. On the same day, the U.S. military announced airstrikes against Iran. In South Korea, bereaved families criticized police and perpetrators' responses following a series of incidents, while reports stated that individual investors were shaken due to the collapse of 'Chilcheonpi' in the stock market.
On July 13, Federal Reserve Board member Christopher Waller stated that if core inflation exceeds expectations, a rate hike should be considered. Waller's comments were conveyed as leaving the possibility of rate decisions depending on price trends.
On the same day, the U.S. military announced the initiation of airstrikes against Iran. The U.S. military expressed its intention to inflict significant damage on the Iranian forces, and former President Donald Trump stated that he would strongly strike Iran that night, hinting at a possible attack on underground nuclear facilities.
In South Korea, a report detailed that a bereaved family criticized the police response after encountering a blood-soaked nude murderer, claiming that police handling was inadequate.
Another report mentioned that a perpetrator of a drunk driving accident sent a letter of reflection instead of an official apology to the bereaved family, who claimed that there was no apology.
In stock market news, it was reported that individual investors were shaken by the collapse of 'Chilcheonpi', along with the opinions from the securities industry. Individual brokerage firms reportedly responded to investor inquiries as they dealt with market volatility.