[5 llyfr y bore yma]Handpicked news you want to read at work – Bloomberg

US House Speaker Pelosi (82) is a House DemocratHe announced that he would retire from the top position. Speaking on the floor of the House of Representatives, Pelosi said she would not seek re-election as a Democratic leader in Congress next year. He said he should be open to “new possibilities,” and noted the need for a generational change. Representative Hakeem Jeffries, 52, is expected to lead House Democrats. Here are five news items to keep in mind as you start your day.

To improve relations

Prime Minister Fumio Kishida and Chinese President Xi Jinping are meeting in Bangkok, Thailand on the 17th.had a meeting. It was the first face-to-face meeting between Japanese and Chinese leaders in about three years and the first under the Kishida administration. During the approximately 45 minute meeting, the two leaders confirmed their intention to improve bilateral relations. Xi responded that China is ready to build a relationship with Japan that meets the needs of the new era, and insisted that the importance of Japan-China relations would not change. Prime Minister Kishida said that both countries have a responsibility to protect peace and security, and called on both countries to make efforts to build relations.

“bottom” line.

St Louis Fed President James Bullard said the Fed would have to push interest rates higher to meet the Fed’s goal of “sufficiently restrictive” policy. “At leastHe said it should be raised to 5-5.25%. “So far, changes in the monetary policy stance appear to have had a limited impact on real inflation,” Bullard said in a speech.

already in recession

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