U.S. inflation becomes too "sticky" for Fed to bring it down: Turkish analyst

**This is a 60-seconds sample of the video. For the full version, please contact us.**

U.S. inflation becomes too "sticky" for Fed to bring it down: Turkish analyst

STORY: U.S. inflation becomes too "sticky" for Fed to bring it down: Turkish analyst DATELINE: Oct. 18, 2023 LENGTH: 00:01:14 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with the Turkish broadcaster Ekoturk 2. SOUNDBITE 2 (Turkish): MURAT TUFAN, Analyst with the Turkish broadcaster Ekoturk 3. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with the Turkish broadcaster Ekoturk 4. SOUNDBITE 4 (Turkish): MURAT TUFAN, Analyst with the Turkish broadcaster Ekoturk STORYLINE: Murat Tufan, an analyst with Turkish broadcaster Ekoturk, told Xinhua in a recent interview that inflation in the United States has become "sticky" due to many factors and that the Federal Reserve's interest rate policy has been insufficient to bring it down. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with the Turkish broadcaster Ekoturk "Jerome Powell's (Federal Reserve Chair) rate hikes have reduced inflation to some extent, but inflation fluctuating around 3.5 and 3.8 percent is not

  • Product Code
  • ILEA001880548
  • Registered date
  • 2023/10/18 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • × pixel
  • Deployment size
  • (KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    South African Reserve Bank releases 2024 Monetary Policy Review

    STORY: South African Reserve Bank releases 2024 Monetary Policy Review SHOOTING TIME: April 24, 2024 DATELINE: April 27, 2024 LENGTH: 00:02:52 LOCATION: JOHANNESBURG, South Africa CATEGORY: ECONOMY SHOTLIST: 1. various of the meeting 2. SOUNDBITE 1 (English): LESEJA KGANYAGO, Governor of SARB 3. various of the meeting 4. SOUNDBITE 2 (English): WITNESS SIMBANEGAVI, Economic Research department of the South African Reserve Bank STORYLINE: The South African Reserve Bank (SARB) released its 2024 Monetary Policy Review on Wednesday, indicating that headline inflation is only expected to return to the mid-point of the target band in the last quarter of 2025. South Africa's inflation target range is 3 to 6 percent. The report said that amid slower-than-expected disinflation in food and volatility in fuel prices, headline inflation had fluctuated in the range of 5-6 percent over the past six months. In terms of growth, the SARB anticipates that real GDP will increase to 1.2 percent this year. SOUNDBITE 1 (Engli

      Bank of Japan keeps interest rate unchanged, yen sinks below 156

      STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

        Turkish president urges global action against crime in Gaza

        STORY: Turkish president urges global action against crime in Gaza SHOOTING TIME: April 26, 2024 DATELINE: April 27, 2024 LENGTH: 00:01:01 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of the conference 2. various of Turkish President Recep Tayyip Erdogan speaking at the conference 3. various of the conference STORYLINE: Turkish President Recep Tayyip Erdogan called on the world countries on Friday to amplify their voices against the crime in the Gaza Strip. He made the remarks at the 5th Conference of the League of Parliamentarians for Jerusalem held in Istanbul. Parliament speakers from various countries participated in the three-day conference themed "Freedom and Independence for Palestine." Erdogan criticized the United States for its "unconditional military and diplomatic support to Israel," recalling the U.S. Senate's approval of a military aid package to Israel on Tuesday. Hailing the League of Parliamentarians for Jerusalem as the global advocate and embodiment of

          Turkish central bank keeps policy rate unchanged at 50 pct

          STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

            A closer look at China's economic steadiness, vitality and potential

            STORY: A closer look at China's economic steadiness, vitality and potential SHOOTING TIME: Recent footage DATELINE: April 25, 2024 LENGTH: 0:02:41 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economy related footage 2. SOUNDBITE 1 (Arabic): DIAA HELMY, Secretary-general, Egyptian-Chinese Chamber of Commerce 3. SOUNDBITE 2 (English): BENJAMIN MGANA, Chief Editor of Foreign News of The Guardian, Tanzania 4. SOUNDBITE 3 (English): BRENDAN AHERN, Chief investment officer with U.S.-based asset management firm Krane Funds Advisors LLC 5. SOUNDBITE 4 (English): XN IRAKI, Kenyan economist 6. SOUNDBITE 5 (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club STORYLINE: China's economic performance for the first quarter of this year was unveiled. Notably, the National Bureau of Statistics (NBS) reported a 5.3 percent year-on-year GDP increase in Q1, exceeding market projections and surpassing the government's annual target of around 5 percent. The performance is described as

              Indonesian ambassador to China hopes to strengthen cooperation in EV, green economy

              STORY: Indonesian ambassador to China hopes to strengthen cooperation in EV, green economy SHOOTING TIME: April 17, 2024 DATELINE: April 24, 2024 LENGTH: 00:03:11 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Indonesia's cooperation projects with China 2. SOUNDBITE 1 (English): DJAUHARI ORATMANGUN, Indonesian Ambassador to China 3. SOUNDBITE 2 (English): DJAUHARI ORATMANGUN, Indonesian Ambassador to China 4. SOUNDBITE 3 (English): DJAUHARI ORATMANGUN, Indonesian Ambassador to China 5. SOUNDBITE 4 (English): DJAUHARI ORATMANGUN, Indonesian Ambassador to China 6. SOUNDBITE 5 (English): DJAUHARI ORATMANGUN, Indonesian Ambassador to China STORYLINE: Indonesia's Ambassador to China, Djauhari Oratmangun, applauded bilateral relations between China and Indonesia during an exclusive interview with Xinhua. Oratmangun said that Indonesia would like to further strengthen cooperation with China in various fields including healthcare, electric vehicles, vocational training, and peace and security. SOUND

                Global tourism revenue to total 5.8 tln USD in 2024: report

                STORY: Global tourism revenue to total 5.8 tln USD in 2024: report SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:30 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. various of cultural performances STORYLINE: Global tourism revenue is estimated to total 5.8 trillion U.S. dollars in 2024, marking an increase of 139.6 percent over the pre-pandemic level in 2019. The Report on World Tourism Economy Trends (2024) predicted that international tourist arrivals would amount to 13.579 billion in number this year, recovering to 103.9 percent of 2019. The report was released at an international tourism summit held in Wellington, New Zealand. At the same time, the report called for efforts by the global tourism industry to turn challenges into growth opportunities. Factors such as technological advancement and climate change should be proactively incorporated into the reshaping of the industry. The World Tourism Cities Federation Wellington Fragrant H

                  Turkish investors flock to gold amid Middle East turmoils

                  STORY: Turkish investors flock to gold amid Middle East turmoils SHOOTING TIME: April 17, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:01 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of aerial view of Istanbul, Türkiye 2. various of Kuyumcukent, the center of the jewelry industry in Istanbul, Türkiye 3. SOUNDBITE 1 (Turkish): FARUK MUTLU, Turkish citizen 4. various of people buying gold from a jewelry store in Istanbul, Türkiye 5. SOUNDBITE 2 (Turkish): RIZA GOKAY TUGSAVROL, Owner of Harem Gold 6. various of gold information 7. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster STORYLINE: Faruk Mutlu, a Turkish citizen, stepped into a bustling jewelry store in Türkiye's vibrant city of Istanbul. Armed with his savings, he resolved to convert them into gold, an alternative he deems "always valuable." With the escalating tensions in the Middle East at the beginning of last week, rumors swirled of an imminent rise in gold prices, prompting Mutlu to seize the opportu

                    Have sand, art and fun in 2024 Texas SandFest

                    STORY: Have sand, art and fun in 2024 Texas SandFest SHOOTING TIME: April 21, 2024 DATELINE: April 23, 2024 LENGTH: 00:04:35 LOCATION: PORT ARANSAS, U.S. CATEGORY: SOCIETY SHOTLIST: 1. various of seagulls flying at Texas SandFest 2. various of people taking photos with the large sand sculpture themed 2024 Texas SandFest 3. various of sculptors and sculptures 4. various of a 10-minute quick carving competition STORYLINE: With lots of sand, wind, sun and fun, the three-day Texas SandFest came to an end on April 21 in Port Aransas, Texas. The festival is family-oriented with various activities including on-site sand castle lessons for children aged between 6 and 12, as well as daily 10-minute quick care competitions. The event is the largest beach sand sculpture competition In the United States, according to the organizers, who divide the competitors into three types: master sculptors, semi-pro sculptors and amateurs. Xinhua News Agency correspondents reporting from Port Aransas, U.S. (XHTV)

                      Global military spending surges amid conflicts, rising tensions: think tank

                      STORY: Global military spending surges amid conflicts, rising tensions: think tank SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:13 LOCATION: Stockholm CATEGORY: MILITARY SHOTLIST: 1. various of the Stockholm International Peace Research Institute STORYLINE: Global military spending saw its steepest year-on-year increase last year since 2009, amid conflicts, rising tensions and insecurity, a Stockholm-based think tank said on Monday. In its latest report, the Stockholm International Peace Research Institute (SIPRI) said that total global military expenditure reached 2,443 billion U.S. dollars in 2023, an increase of 6.8 percent in real terms from 2022. The United States is the largest global spender. Lorenzo Scarazzato, a researcher at SIPRI's Military Expenditure and Arms Production Program, said that such an unprecedented rise in military spending is a direct response to a global deterioration in peace and security. While countries are prioritizing military strength, they r