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MasterCard Newsroom
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The Bank of Japan remains unchanged, providing assistance to the booming global stock market.
The Bank of Japan remains unchanged, indicating that it will not rush to continue tightening monetary policy after the unexpected rate hike in July.
Mastercard: It is expected that retail sales in the USA during the peak season this year will increase by 3.2%.
On September 20, Guolanghui | Mastercard Economics Institute, an economic analysis institution under Mastercard in the United States, released a report estimating that the sales of gold retail sales season in the United States this year will increase by 3.2%, slightly higher than the 3.1% growth rate last year. The report estimates that the value of online gold sales during the gold retail season will increase by 7.1%. Mastercard pointed out that the shortening of the gold retail season in the United States this year compared to last year is one of the factors affecting sales growth. At the same time, in the environment of high inflation and high interest rates, retailers need to make every effort, including increasing the discount rate, to stimulate consumer purchases.
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