The benchmark consumer-price index rose 3.1% from a year earlier in May, reflecting the effects of higher oil prices amid Middle East tensions and the won’s weakness against the U.S. dollar.
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Rent, food and other costs are cheaper than the national average. A duplex boom is attracting middle-income earners to the Midwestern city. Source link
The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the central bank. Source link
